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Lake County Gazette

Monday, November 25, 2024

Round Lake Beach home prices fall in September 2017

Re 14

The median sale price of a home sold in September 2017 in Round Lake Beach fell by $7,000 while total sales increased by 2.7%, according to BlockShopper.com.

In September 2017, there were 38 homes sold, with a median sale price of $142,000 - a 4.7% decrease over the $149,000 median sale price for the same period of the previous year. There were 37 homes sold in Round Lake Beach in September 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 2.9%.

The following table compares Round Lake Beach 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)
Fox Lake920-55%$154,500$217,500-29%
Venetian Village52150%$154,000$203,500-24.3%
Hainesville11683.3%$150,000$128,00017.2%
Harris Corners10-$150,000$0-
Winthrop Harbor10666.7%$142,000$130,5008.8%
Round Lake Beach38372.7%$142,000$149,000-4.7%
Fox Lake Hills330%$138,000$282,000-51.1%
Waukegan5979-25.3%$137,000$125,0009.6%
Zion353016.7%$135,000$60,000125%
Long Lake8714.3%$127,500$89,90041.8%
Round Lake Park7616.7%$105,000$73,050.5043.7%

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