Quantcast

Lake County Gazette

Wednesday, November 27, 2024

Round Lake home prices rise in December 2017

Re 14

The median sale price of a home sold in December 2017 in Round Lake rose by $33,000 while total sales decreased by 21.4%, according to BlockShopper.com.

In December 2017, there were 22 homes sold, with a median sale price of $208,500 - a 18.8% increase over the $175,500 median sale price for the same period of the previous year. There were 28 homes sold in Round Lake in December 2016.

The median sales tax in Round Lake for 2017 was $6,709.81. In 2016, the median sales tax was $6,646. This marks an increase of 1%. 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 Round Lake to other Lake County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Lake Villa181520%$225,200$260,000-13.4%
Antioch292231.8%$220,500$182,50020.8%
Grayslake2937-21.6%$219,000$164,00033.5%
Highwood440%$211,250$211,946-0.3%
Grandwood Park11683.3%$210,525$291,250-27.7%
Round Lake2228-21.4%$208,500$175,50018.8%
Ingleside Shore68-25%$204,500$155,00031.9%
Gurnee4252-19.2%$198,500$242,550-18.2%
Fox Lake1318-27.8%$198,000$96,750104.7%
Lindenhurst181520%$196,750$215,000-8.5%
Mylith Park20-$195,750$0-

MORE NEWS