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Lake County Gazette

Monday, November 25, 2024

Antioch home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Antioch rose by $10,000 while total sales increased by 31.5%, according to BlockShopper.com.

From July through September of 2017, there were 117 homes sold, with a median sale price of $215,000 - a 4.9% increase over the $205,000 median sale price for the same period of the previous year. There were 89 homes sold in Antioch in the third quarter of 2016.

The median sales tax in Antioch for 2017 was $6,355.65. In 2016, the median sales tax was $6,124.60. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Antioch to other Lake County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Echo Lake5425%$251,000$165,50051.7%
Klondike21100%$250,750$172,00045.8%
Volo713-46.2%$239,900$237,5001%
Wauconda624344.2%$225,750$225,0000.3%
Lake Villa694746.8%$217,000$230,000-5.7%
Antioch1178931.5%$215,000$205,0004.9%
Lindenhurst957035.7%$200,000$212,250-5.8%
Round Lake8384-1.2%$200,000$163,00022.7%
Grayslake15213810.1%$199,925$166,50020.1%
Gages Lake675619.6%$195,000$185,5005.1%
Park City52150%$190,000$164,10015.8%

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