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Lake County Gazette

Thursday, April 18, 2024

Beach Park home prices rise in February 2017

Re 12

The median sale price of a home sold in February 2017 in Beach Park rose by $35,000 while total sales decreased by 10%, according to BlockShopper.com.

In February 2017, there were nine homes sold, with a median sale price of $161,500 - a 27.7% increase over the $126,500 median sale price for the same period of the previous year. There were 10 homes sold in Beach Park in February 2016.

The median sales tax in Beach Park for 2017 was $5,367.72. In 2016, the median sales tax was $5,174.10. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

The following table compares Beach Park 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)
Round Lake Heights12-50%$180,000$160,45012.2%
Mundelein151050%$175,000$148,50017.8%
Fox Lake Hills3250%$170,000$97,187.5074.9%
Ingleside Shore330%$164,900$206,196-20%
Lindenhurst519-73.7%$163,000$177,000-7.9%
Beach Park910-10%$161,500$126,50027.7%
Fox Lake73133.3%$160,000$135,00018.5%
Antioch191090%$150,000$140,7006.6%
Long Lake70-$147,000$0-
Winthrop Harbor910-10%$145,000$120,00020.8%
Grandwood Park550%$145,000$335,000-56.7%

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