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Lake County Gazette

Sunday, November 24, 2024

Round Lake Beach home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Round Lake Beach rose by $30,000 while total sales decreased by 17.9%, according to BlockShopper.com.

In March 2017, there were 23 homes sold, with a median sale price of $116,000 - a 34.9% increase over the $86,000 median sale price for the same period of the previous year. There were 28 homes sold in Round Lake Beach in March 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 3.5%.

The following table compares Round Lake Beach 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)
Fox Lake Hills440%$143,000$149,500-4.3%
Long Lake57-28.6%$130,000$109,90018.3%
Hainesville51400%$124,000$222,000-44.1%
Lake Catherine220%$121,000$307,000-60.6%
Waukegan605313.2%$120,500$106,00013.7%
Round Lake Beach2328-17.9%$116,000$86,00034.9%
Ingleside Shore68-25%$112,500$106,2505.9%
Lotus Woods10-$95,000$0-
North Chicago711-36.4%$78,500$121,000-35.1%
Round Lake Park11757.1%$75,000$73,0002.7%
Zion191526.7%$56,000$97,500-42.6%

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