In February 2017, there were 29 homes sold, with a median sale price of $102,500 - a 20.9% increase over the $84,767.50 median sale price for the same period of the previous year. There were 24 homes sold in Round Lake Beach in February 2016.
The median sales tax in Round Lake Beach for 2017 was $4,073.08. In 2016, the median sales tax was $3,897.80. This marks an increase of 4.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4%.
The following table compares Round Lake Beach to other Lake County cities with similar median sales prices in February 2017:
City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Winthrop Harbor | 9 | 10 | -10% | $145,000 | $120,000 | 20.8% |
Grandwood Park | 5 | 5 | 0% | $145,000 | $335,000 | -56.7% |
Island Lake | 1 | 2 | -50% | $135,500 | $160,250 | -15.4% |
Lotus Woods | 2 | 0 | - | $131,250 | $0 | - |
Hainesville | 2 | 4 | -50% | $114,500 | $110,000 | 4.1% |
Waukegan | 48 | 54 | -11.1% | $105,000 | $94,394 | 11.2% |
Round Lake Beach | 29 | 24 | 20.8% | $102,500 | $84,767.50 | 20.9% |
Round Lake Park | 3 | 7 | -57.1% | $85,000 | $56,001 | 51.8% |
Zion | 18 | 25 | -28% | $81,350 | $85,000 | -4.3% |
Lake Catherine | 1 | 2 | -50% | $60,500 | $77,450 | -21.9% |
North Chicago | 14 | 8 | 75% | $49,500 | $51,750 | -4.3% |