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Lake County Gazette

Tuesday, April 23, 2024

Winthrop Harbor home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Winthrop Harbor rose by $27,000 while total sales increased by 33.3%, according to BlockShopper.com.

In March 2017, there were 12 homes sold, with a median sale price of $162,000 - a 20% increase over the $135,000 median sale price for the same period of the previous year. There were nine homes sold in Winthrop Harbor in March 2016.

The median sales tax in Winthrop Harbor for 2017 was $5,748.05. In 2016, the median sales tax was $5,548.40. This marks an increase of 3.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Winthrop Harbor to other Lake County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Volo13-66.7%$171,551$198,000-13.4%
Gages Lake161323.1%$167,500$175,000-4.3%
Round Lake1621-23.8%$167,450$183,000-8.5%
Fox Lake168100%$164,750$139,50018.1%
Channel Lake30-$163,000$0-
Winthrop Harbor12933.3%$162,000$135,00020%
Wauconda1218-33.3%$160,200$222,592.50-28%
Island Lake71600%$157,000$95,00065.3%
Round Lake Heights46-33.3%$152,500$89,684.5070%
Beach Park177142.9%$147,000$145,0001.4%
Venetian Village3250%$145,000$104,30039%

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