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Lake County Gazette

Monday, November 25, 2024

Wauconda home prices rise in February 2017

Realestate2

The median sale price of a home sold in February 2017 in Wauconda rose by $37,000 while total sales decreased by 50%, according to BlockShopper.com.

In February 2017, there were five homes sold, with a median sale price of $219,000 - a 20.3% increase over the $182,000 median sale price for the same period of the previous year. There were 10 homes sold in Wauconda in February 2016.

The median sales tax in Wauconda for 2017 was $6,246.01. In 2016, the median sales tax was $5,865.40. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Lake Villa59-44.4%$260,000$169,00053.8%
Grayslake2236-38.9%$236,500$95,720147.1%
Gages Lake617-64.7%$234,500$160,00046.6%
Third Lake21100%$233,000$285,000-18.2%
Buffalo Grove1926-26.9%$230,000$310,200-25.9%
Wauconda510-50%$219,000$182,00020.3%
Gurnee2029-31%$217,500$185,00017.6%
Volo110%$213,000$288,000-26%
Vernon Hills21210%$201,000$322,500-37.7%
Lakemoor42100%$200,000$180,00011.1%
Knollwood12-50%$190,000$211,500-10.2%

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