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Lake County Gazette

Friday, April 26, 2024

Winthrop Harbor home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Winthrop Harbor rose by $22,000 while total sales decreased by 14.3%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $150,500 - a 17.1% increase over the $128,500 median sale price for the same period of the previous year. There were seven homes sold in Winthrop Harbor in January 2016.

The median sales tax in Winthrop Harbor for 2017 was $5,748.05. In 2016, the median sales tax was $5,548.40. This marks an increase of 3.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.8%.

The following table compares Winthrop Harbor 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)
Gages Lake914-35.7%$190,000$146,00030.1%
Island Lake3250%$190,000$336,500-43.5%
Fox Lake1013-23.1%$184,750$120,75053%
Antioch191526.7%$180,000$163,00010.4%
Lindenhurst191090%$158,000$185,950-15%
Winthrop Harbor67-14.3%$150,500$128,50017.1%
Horatio Gardens31200%$150,000$285,000-47.4%
Lakemoor4333.3%$144,950$182,900-20.7%
Round Lake171070%$140,000$155,500-10%
Round Lake Beach2331-25.8%$139,000$94,50047.1%
Grandwood Park9580%$139,000$148,000-6.1%

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