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Lake County Gazette

Monday, November 25, 2024

Wadsworth home prices fall in September 2017

Re 12

The median sale price of a home sold in September 2017 in Wadsworth fell by $1,000 while total sales increased by 100%, according to BlockShopper.com.

In September 2017, there were eight homes sold, with a median sale price of $289,000 - a 0.3% decrease over the $290,000 median sale price for the same period of the previous year. There were four homes sold in Wadsworth in September 2016.

The median sales tax in Wadsworth for 2017 was $8,751.96. In 2016, the median sales tax was $8,595.30. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Wadsworth to other Lake County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Green Oaks12-50%$335,000$782,500-57.2%
Vernon Hills413420.6%$329,000$288,75013.9%
Horatio Gardens41300%$326,750$280,00016.7%
Lake Zurich321968.4%$321,000$339,000-5.3%
Highwood50-$318,000$0-
Wadsworth84100%$289,000$290,000-0.3%
Echo Lake20-$287,000$0-
Lake Barrington1516-6.3%$284,900$266,0007.1%
Tower Lakes21100%$272,450$480,000-43.2%
Gurnee3745-17.8%$236,000$238,000-0.8%
Antioch322433.3%$224,000$209,3007%

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