In September 2017, there were eight homes sold, with a median sale price of $127,500 - a 41.8% increase over the $89,900 median sale price for the same period of the previous year. There were seven homes sold in Long Lake in September 2016.
The median sales tax in Long Lake for 2017 was $2,989.70. In 2016, the median sales tax was $3,027.40. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Long Lake to other Lake County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harris Corners | 1 | 0 | - | $150,000 | $0 | - |
| Winthrop Harbor | 10 | 6 | 66.7% | $142,000 | $130,500 | 8.8% |
| Round Lake Beach | 38 | 37 | 2.7% | $142,000 | $149,000 | -4.7% |
| Fox Lake Hills | 3 | 3 | 0% | $138,000 | $282,000 | -51.1% |
| Waukegan | 59 | 79 | -25.3% | $137,000 | $125,000 | 9.6% |
| Zion | 35 | 30 | 16.7% | $135,000 | $60,000 | 125% |
| Long Lake | 8 | 7 | 14.3% | $127,500 | $89,900 | 41.8% |
| Round Lake Park | 7 | 6 | 16.7% | $105,000 | $73,050.50 | 43.7% |
| North Chicago | 12 | 13 | -7.7% | $75,424 | $65,000 | 16% |
| Island Lake | 2 | 3 | -33.3% | $62,000 | $232,000 | -73.3% |
| Lotus Woods | 1 | 1 | 0% | $60,000 | $2,000 | 2900% |
Alerts Sign-up