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Lake County Gazette

Friday, April 19, 2024

Volo home prices rise in June 2018

Re 1

The median sale price of a home sold in June 2018 in Volo rose by $18,500 while total sales decreased by 50%, according to BlockShopper.com.

In June 2018, there were three homes sold, with a median sale price of $255,000 - a 7.8% increase over the $236,500 median sale price for the same period of the previous year. There were six homes sold in Volo in June 2017.

The median sales tax in Volo for the most recent year with available data, 2017, was $9,854.30, approximately 3.9% of the median home sale price for June 2018.

The following table compares Volo to other Lake County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Vernon Hills5588-37.5%$325,900$331,200-1.6%
Lake Barrington322152.4%$320,550$272,00017.8%
Grandwood Park181163.6%$297,500$222,00034%
Third Lake5425%$285,500$275,5003.6%
Knollwood440%$272,500$331,917-17.9%
Volo36-50%$255,000$236,5007.8%
Lake Villa1828-35.7%$249,875$238,7504.7%
Horatio Gardens220%$247,500$292,500-15.4%
Gurnee6675-12%$244,250$230,0006.2%
Antioch473246.9%$241,000$207,50016.1%
Forest Lake24-50%$236,000$340,000-30.6%

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