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Lake County Gazette

Saturday, April 20, 2024

Round Lake Park home prices rise in January 2017

Re 6

The median sale price of a home sold in January 2017 in Round Lake Park rose by $66,235 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $128,250 - a 106.8% increase over the $62,015 median sale price for the same period of the previous year. There were nine homes sold in Round Lake Park in January 2016.

The median sales tax in Round Lake Park for 2017 was $3,282.64. In 2016, the median sales tax was $3,009.80. This marks an increase of 9.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Round Lake Park 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)
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%
Park City21100%$133,000$110,00020.9%
Hainesville330%$132,000$180,000-26.7%
Round Lake Park69-33.3%$128,250$62,015106.8%
Waukegan594047.5%$125,000$75,00066.7%
Beach Park151050%$122,500$110,75010.6%
Venetian Village52150%$116,500$111,5004.5%
Fox Lake Hills50-$115,000$0-
Zion3312175%$97,000$88,7509.3%

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