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Lake County Gazette

Wednesday, November 27, 2024

Round Lake Beach home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Round Lake Beach rose by $44,500 while total sales decreased by 7.7%, according to BlockShopper.com.

In December 2017, there were 36 homes sold, with a median sale price of $144,000 - a 44.7% increase over the $99,500 median sale price for the same period of the previous year. There were 39 homes sold in Round Lake Beach in December 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 2.8%.

The following table compares Round Lake Beach 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)
Hainesville8560%$172,500$126,00036.9%
Winthrop Harbor610-40%$171,367$119,494.5043.4%
Gages Lake1214-14.3%$170,000$169,0000.6%
Channel Lake220%$162,500$263,750-38.4%
Mundelein1721-19%$162,000$188,000-13.8%
Round Lake Beach3639-7.7%$144,000$99,50044.7%
Round Lake Heights24-50%$138,700$91,50051.6%
Fox Lake Hills440%$132,500$148,000-10.5%
Beach Park923-60.9%$132,500$140,000-5.4%
Waukegan6265-4.6%$125,000$109,90013.7%
Park City20-$118,000$0-

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