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Lake County Gazette

Tuesday, April 16, 2024

Wadsworth home prices rise in January 2017

Realestate2

The median sale price of a home sold in January 2017 in Wadsworth rose by $88,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $405,000 - a 28.1% increase over the $316,250 median sale price for the same period of the previous year. There were six homes sold in Wadsworth in January 2016.

The median sales tax in Wadsworth for 2017 was $8,751.96. In 2016, the median sales tax was $8,595.30. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Wadsworth to other Lake County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Hawthorn Woods67-14.3%$462,500$469,593-1.5%
Deer Park3250%$460,000$471,500-2.4%
Highwood110%$450,000$330,00036.4%
Tower Lakes330%$427,000$400,0006.8%
Barrington13785.7%$414,000$426,000-2.8%
Wadsworth46-33.3%$405,000$316,25028.1%
Lincolnshire9650%$400,000$389,5002.7%
Harris Corners10-$375,000$0-
Deerfield201811.1%$362,500$262,50038.1%
Lake Barrington12850%$350,125$324,5007.9%
Lake Bluff94125%$345,000$481,250-28.3%

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