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Lake County Gazette

Thursday, April 25, 2024

Round Lake Park home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Round Lake Park rose by $19,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In June 2017, there were five homes sold, with a median sale price of $159,000 - a 13.6% increase over the $140,000 median sale price for the same period of the previous year. There were six homes sold in Round Lake Park in June 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 2.1%.

The following table compares Round Lake Park to other Lake County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Island Lake67-14.3%$173,750$182,000-4.5%
Beach Park261573.3%$173,500$159,3338.9%
Long Lake550%$170,000$99,00071.7%
Round Lake Beach4047-14.9%$163,750$131,63424.4%
Venetian Village81700%$162,500$135,00020.4%
Round Lake Park56-16.7%$159,000$140,00013.6%
Winthrop Harbor154275%$156,000$236,200-34%
Lake Catherine51400%$143,000$132,5007.9%
Hainesville770%$142,500$165,500-13.9%
Waukegan6592-29.3%$131,700$121,8008.1%
Round Lake Heights3250%$117,900$94,52524.7%

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