Quantcast

Lake County Gazette

Monday, November 25, 2024

Gurnee home prices fall in September 2017

Re 4

The median sale price of a home sold in September 2017 in Gurnee fell by $2,000 while total sales decreased by 17.8%, according to BlockShopper.com.

In September 2017, there were 37 homes sold, with a median sale price of $236,000 - a 0.8% decrease over the $238,000 median sale price for the same period of the previous year. There were 45 homes sold in Gurnee in September 2016.

The median sales tax in Gurnee for 2017 was $6,712.71. In 2016, the median sales tax was $6,591.30. 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 2.8%.

The following table compares Gurnee 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)
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%
Volo16-83.3%$210,000$233,813.50-10.2%
Wauconda201353.8%$208,500$206,0001.2%
Forest Lake21100%$199,675$123,50061.7%
Grayslake3941-4.9%$190,000$143,50032.4%

MORE NEWS