In February 2017, there were three homes sold, with a median sale price of $85,000 - a 51.8% increase over the $56,001 median sale price for the same period of the previous year. There were seven homes sold in Round Lake Park in February 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 3.9%.
The following table compares Round Lake Park 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% |
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