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Lake County Gazette

Wednesday, November 27, 2024

Beach Park home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Beach Park fell by $7,500 while total sales decreased by 60.9%, according to BlockShopper.com.

In December 2017, there were nine homes sold, with a median sale price of $132,500 - a 5.4% decrease over the $140,000 median sale price for the same period of the previous year. There were 23 homes sold in Beach Park in December 2016.

The median sales tax in Beach Park for 2017 was $5,367.72. In 2016, the median sales tax was $5,174.10. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.1%.

The following table compares Beach Park 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)
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%
Venetian Village51400%$115,000$134,000-14.2%
Echo Lake10-$102,000$0-

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