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Lake County Gazette

Thursday, November 28, 2024

Wauconda home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Wauconda rose by $20,250 while total sales increased by 24.4%, according to BlockShopper.com.

From July through December of 2017, there were 107 homes sold, with a median sale price of $220,000 - a 10.1% increase over the $199,750 median sale price for the same period of the previous year. There were 86 homes sold in Wauconda in the second half of 2016.

The median sales tax in Wauconda for 2017 was $6,246. In 2016, the median sales tax was $5,865. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

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

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Third Lake911-18.2%$250,000$246,5001.4%
Gurnee2962931%$245,750$220,00011.7%
Volo1721-19%$236,900$255,000-7.1%
Echo Lake7616.7%$231,000$187,25023.4%
Lake Villa1209033.3%$226,750$231,250-1.9%
Wauconda1078624.4%$220,000$199,75010.1%
Antioch21817326%$215,950$200,0008%
Mylith Park5366.7%$214,600$139,00054.4%
Grayslake2442430.4%$202,794$168,00020.7%
Round Lake140145-3.4%$200,000$164,00022%
Gages Lake1108627.9%$193,750$185,0004.7%

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