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Lake County Gazette

Wednesday, November 27, 2024

Round Lake Heights home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Round Lake Heights rose by $47,200 while total sales decreased by 50%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $138,700 - a 51.6% increase over the $91,500 median sale price for the same period of the previous year. There were four homes sold in Round Lake Heights in December 2016.

The median sales tax in Round Lake Heights for 2017 was $5,103.75. In 2016, the median sales tax was $5,192.80. This marks an decrease of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Round Lake Heights 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)
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-
Zion2937-21.6%$116,000$115,0000.9%

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