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Lake County Gazette

Monday, November 25, 2024

Beach Park home prices rise in September 2017

Realestate3

The median sale price of a home sold in September 2017 in Beach Park rose by $44,250 while total sales increased by 85.7%, according to BlockShopper.com.

In September 2017, there were 26 homes sold, with a median sale price of $167,250 - a 36% increase over the $123,000 median sale price for the same period of the previous year. There were 14 homes sold in Beach Park in September 2016.

The median sales tax in Beach Park for 2017 was $5,367.72. In 2016, the median sales tax was $5,174.10. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.

The following table compares Beach Park 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)
Round Lake Heights24-50%$181,500$114,50058.5%
Ingleside Shore11922.2%$180,000$124,50044.6%
Lakemoor5366.7%$175,860$212,500-17.2%
Lake Catherine24-50%$173,750$57,000204.8%
Lake Villa1115-26.7%$173,500$230,000-24.6%
Beach Park261485.7%$167,250$123,00036%
Mundelein191435.7%$165,000$191,000-13.6%
Round Lake1827-33.3%$164,500$165,000-0.3%
Channel Lake30-$162,000$0-
Lindenhurst222010%$158,000$193,000-18.1%
Fox Lake920-55%$154,500$217,500-29%

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