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Lake County Gazette

Saturday, April 20, 2024

Grayslake home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Grayslake rose by $13,700 while total sales decreased by 3.4%, according to BlockShopper.com.

From April through June of 2018, there were 141 homes sold, with a median sale price of $225,000 - a 6.5% increase over the $211,300 median sale price for the same period of the previous year. There were 146 homes sold in Grayslake in the second quarter of 2017.

The median sales tax in Grayslake for the most recent year with available data, 2017, was $8,377.10, approximately 3.7% of the median home sale price for the second quarter of 2018.

The following table compares Grayslake to other Lake County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Wauconda5667-16.4%$242,000$210,00015.2%
Gurnee154181-14.9%$234,200$236,500-1%
Horatio Gardens6450%$227,500$270,000-15.7%
Lake Villa5762-8.1%$227,000$238,250-4.7%
Antioch1338654.7%$225,000$205,0009.8%
Grayslake141146-3.4%$225,000$211,3006.5%
Lakemoor912-25%$222,000$51,500331.1%
Ingleside Shore232015%$216,666$153,50041.2%
Lindenhurst100964.2%$210,000$192,2509.2%
Channel Lake315-80%$210,000$116,00081%
Round Lake8485-1.2%$199,000$187,0006.4%

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