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Lake County Gazette

Tuesday, November 26, 2024

Waukegan home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Waukegan rose by $14,900 while total sales increased by 20.3%, according to BlockShopper.com.

In October 2018, there were 77 homes sold, with a median sale price of $135,900 - a 12.3% increase over the $121,000 median sale price for the same period of the previous year. There were 64 homes sold in Waukegan in October 2017.

The median sales tax in Waukegan for the most recent year with available data, 2017, was $3,595.80, approximately 2.6% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Forest Lake21100%$157,500$355,000-55.6%
Channel Lake6450%$151,675$155,000-2.1%
Ingleside Shore715-53.3%$151,500$164,000-7.6%
Round Lake Beach453432.4%$148,000$134,40010.1%
Long Lake103233.3%$147,000$158,000-7%
Waukegan776420.3%$135,900$121,00012.3%
Venetian Village20-$135,500$0-
Lakemoor23-33.3%$133,750$42,000218.5%
Zion33330%$117,000$118,000-0.8%
Round Lake Park10666.7%$115,500$92,75024.5%
North Chicago125140%$85,000$105,000-19%

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