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Lake County Gazette

Wednesday, November 27, 2024

Mylith Park home prices rise in 2017

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The median sale price of a home sold in 2017 in Mylith Park rose by $58,550 while total sales increased by 50%, according to BlockShopper.com.

From January through December of 2017, there were six homes sold, with a median sale price of $188,050 - a 45.2% increase over the $129,500 median sale price for the previous year. There were four homes sold in Mylith Park in 2016.

The median sales tax in Mylith Park for 2017 was $2,701. In 2016, the median sales tax was $2,571. This marks an increase of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Mylith Park 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)
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%
Lakemoor512975.9%$169,900$189,444-10.3%
Ingleside Shore106988.2%$164,450$139,00018.3%

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