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Lake County Gazette

Friday, April 26, 2024

Round Lake Park home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Round Lake Park rose by $20,486 while total sales decreased by 20.6%, according to BlockShopper.com.

From January through June of 2018, there were 27 homes sold, with a median sale price of $121,000 - a 20.4% increase over the $100,515 median sale price for the same period of the previous year. There were 34 homes sold in Round Lake Park in the first half of 2017.

The median sales tax in Round Lake Park for the most recent year with available data, 2017, was $3,283, approximately 2.7% of the median home sale price for the first half of 2018.

The following table compares Round Lake Park to other Lake County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Channel Lake920-55%$150,305$115,45030.2%
Park City6450%$147,500$133,00010.9%
Hainesville503638.9%$140,295$144,975-3.2%
Round Lake Beach2132053.9%$138,000$123,00012.2%
Waukegan323361-10.5%$127,900$120,0006.6%
Round Lake Park2734-20.6%$121,000$100,514.5020.4%
Zion1821679%$116,602.50$96,00021.5%
Long Lake2533-24.2%$111,500$147,000-24.1%
Lotus Woods7540%$108,500$96,00013%
North Chicago5859-1.7%$105,500$65,00062.3%
Williams Park10-$45,000$0-

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