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Lake County Gazette

Wednesday, November 27, 2024

North Chicago home prices rise in December 2017

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The median sale price of a home sold in December 2017 in North Chicago rose by $5,000 while total sales increased by 150%, according to BlockShopper.com.

In December 2017, there were 15 homes sold, with a median sale price of $95,000 - a 5.6% increase over the $90,000 median sale price for the same period of the previous year. There were six homes sold in North Chicago in December 2016.

The median sales tax in North Chicago for 2017 was $2,173.34. In 2016, the median sales tax was $2,262.60. This marks an decrease of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares North Chicago 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)
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-
North Chicago156150%$95,000$90,0005.6%
Round Lake Park67-14.3%$92,750$115,000-19.3%
Lakemoor23-33.3%$89,500$189,444-52.8%
Long Lake73133.3%$80,000$125,000-36%

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