In October 2018, there were six homes sold, with a median sale price of $151,675 - a 2.1% decrease over the $155,000 median sale price for the same period of the previous year. There were four homes sold in Channel Lake in October 2017.
The median sales tax in Channel Lake for the most recent year with available data, 2017, was $3,904.40, approximately 2.6% of the median home sale price for October 2018.
The following table compares Channel Lake to other Lake County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Catherine | 2 | 4 | -50% | $169,950 | $232,500 | -26.9% |
| Round Lake | 23 | 22 | 4.5% | $168,000 | $196,250 | -14.4% |
| Winthrop Harbor | 20 | 8 | 150% | $167,500 | $119,750 | 39.9% |
| Fox Lake Hills | 5 | 3 | 66.7% | $158,000 | $138,400 | 14.2% |
| Forest Lake | 2 | 1 | 100% | $157,500 | $355,000 | -55.6% |
| Channel Lake | 6 | 4 | 50% | $151,675 | $155,000 | -2.1% |
| Ingleside Shore | 7 | 15 | -53.3% | $151,500 | $164,000 | -7.6% |
| Round Lake Beach | 45 | 34 | 32.4% | $148,000 | $134,400 | 10.1% |
| Long Lake | 10 | 3 | 233.3% | $147,000 | $158,000 | -7% |
| Waukegan | 77 | 64 | 20.3% | $135,900 | $121,000 | 12.3% |
| Venetian Village | 2 | 0 | - | $135,500 | $0 | - |
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