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Lake County Gazette

Monday, November 25, 2024

Round Lake Park home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Round Lake Park rose by $31,949.50 while total sales increased by 16.7%, according to BlockShopper.com.

In September 2017, there were seven homes sold, with a median sale price of $105,000 - a 43.7% increase over the $73,050.50 median sale price for the same period of the previous year. There were six homes sold in Round Lake Park in September 2016.

The median sales tax in Round Lake Park for 2017 was $3,282.64. In 2016, the median sales tax was $3,009.80. This marks an increase of 9.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Round Lake 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)
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%
North Chicago1213-7.7%$75,424$65,00016%
Island Lake23-33.3%$62,000$232,000-73.3%
Lotus Woods110%$60,000$2,0002900%

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