From January through December of 2017, there were 268 homes sold, with a median sale price of $190,000 - a 12.4% increase over the $169,000 median sale price for the previous year. There were 254 homes sold in Round Lake in 2016.
The median sales tax in Round Lake for 2017 was $6,710. In 2016, the median sales tax was $6,646. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.
The following table compares Round Lake to other Lake County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wauconda | 203 | 172 | 18% | $212,000 | $190,250 | 11.4% |
Antioch | 366 | 310 | 18.1% | $210,000 | $205,000 | 2.4% |
Grayslake | 466 | 474 | -1.7% | $205,000 | $169,500 | 20.9% |
Gages Lake | 194 | 174 | 11.5% | $198,200 | $175,500 | 12.9% |
Lindenhurst | 302 | 256 | 18% | $193,150 | $195,500 | -1.2% |
Round Lake | 268 | 254 | 5.5% | $190,000 | $169,000 | 12.4% |
Mylith Park | 6 | 4 | 50% | $188,050 | $129,500 | 45.2% |
Island Lake | 55 | 46 | 19.6% | $183,000 | $183,500 | -0.3% |
Mundelein | 194 | 178 | 9% | $177,700 | $169,000 | 5.1% |
Fox Lake | 144 | 142 | 1.4% | $170,000 | $154,500 | 10% |
Lakemoor | 51 | 29 | 75.9% | $169,900 | $189,444 | -10.3% |