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Lake County Gazette

Wednesday, November 27, 2024

Lindenhurst home prices fall in 2017

Realestate5

The median sale price of a home sold in 2017 in Lindenhurst fell by $2,350 while total sales increased by 18%, according to BlockShopper.com.

From January through December of 2017, there were 302 homes sold, with a median sale price of $193,150 - a 1.2% decrease over the $195,500 median sale price for the previous year. There were 256 homes sold in Lindenhurst in 2016.

The median sales tax in Lindenhurst for 2017 was $7,174. In 2016, the median sales tax was $7,202. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Lindenhurst to other Lake County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Grandwood Park948017.5%$216,262.50$224,550-3.7%
Wauconda20317218%$212,000$190,25011.4%
Antioch36631018.1%$210,000$205,0002.4%
Grayslake466474-1.7%$205,000$169,50020.9%
Gages Lake19417411.5%$198,200$175,50012.9%
Lindenhurst30225618%$193,150$195,500-1.2%
Round Lake2682545.5%$190,000$169,00012.4%
Mylith Park6450%$188,050$129,50045.2%
Island Lake554619.6%$183,000$183,500-0.3%
Mundelein1941789%$177,700$169,0005.1%
Fox Lake1441421.4%$170,000$154,50010%

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