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Lake County Gazette

Saturday, April 20, 2024

Antioch home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Antioch fell by $20,500 while total sales increased by 8%, according to BlockShopper.com.

From January through June of 2017, there were 148 homes sold, with a median sale price of $190,500 - a 9.7% decrease over the $211,000 median sale price for the same period of the previous year. There were 137 homes sold in Antioch in the first half of 2016.

The median sales tax in Antioch for 2017 was $6,356. In 2016, the median sales tax was $6,125. 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 3.3%.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Gurnee28624019.2%$221,500$210,0005.5%
Grayslake222231-3.9%$209,000$170,00022.9%
Wauconda968611.6%$208,000$182,00014.3%
Gages Lake8488-4.5%$203,500$172,050.5018.3%
Lindenhurst1401316.9%$197,500$192,0002.9%
Antioch1481378%$190,500$211,000-9.7%
Mundelein987530.7%$187,750$157,00019.6%
Island Lake281947.4%$186,250$180,0003.5%
Grandwood Park47446.8%$180,000$233,500-22.9%
Round Lake Heights221729.4%$179,950$137,50030.9%
Round Lake12810917.4%$179,350$181,000-0.9%

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