From October through December of 2017, there were 47 homes sold, with a median sale price of $149,900 - a 4.1% increase over the $144,000 median sale price for the same period of the previous year. There were 47 homes sold in Beach Park in the fourth quarter of 2016, as well.
The median sales tax in Beach Park for 2017 was $5,367.72. In 2016, the median sales tax was $5,174.10. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.
The following table compares Beach Park to other Lake County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mundelein | 45 | 47 | -4.3% | $163,500 | $180,000 | -9.2% |
| Round Lake Heights | 7 | 7 | 0% | $162,500 | $103,000 | 57.8% |
| Mylith Park | 3 | 1 | 200% | $161,500 | $170,000 | -5% |
| Channel Lake | 9 | 7 | 28.6% | $160,000 | $114,900 | 39.3% |
| Hainesville | 23 | 18 | 27.8% | $155,900 | $122,450 | 27.3% |
| Beach Park | 47 | 47 | 0% | $149,900 | $144,000 | 4.1% |
| Fox Lake Hills | 9 | 14 | -35.7% | $140,000 | $177,500 | -21.1% |
| Round Lake Beach | 102 | 110 | -7.3% | $139,450 | $115,500 | 20.7% |
| Waukegan | 188 | 190 | -1.1% | $123,000 | $109,950 | 11.9% |
| Winthrop Harbor | 23 | 29 | -20.7% | $121,000 | $169,900 | -28.8% |
| Venetian Village | 8 | 4 | 100% | $120,000 | $136,250 | -11.9% |
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