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Lake County Gazette

Wednesday, November 27, 2024

Beach Park home prices rise in 2017

Re 12

The median sale price of a home sold in 2017 in Beach Park rose by $16,750 while total sales increased by 33.3%, according to BlockShopper.com.

From January through December of 2017, there were 220 homes sold, with a median sale price of $160,750 - a 11.6% increase over the $144,000 median sale price for the previous year. There were 165 homes sold in Beach Park in 2016.

The median sales tax in Beach Park for 2017 was $5,368. In 2016, the median sales tax was $5,174. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

The following table compares Beach 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)
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%
Beach Park22016533.3%$160,750$144,00011.6%
Park City131030%$160,000$129,70023.4%
Fox Lake Hills615022%$158,000$165,500-4.5%
Venetian Village533935.9%$155,000$135,00014.8%
Winthrop Harbor11910315.5%$153,000$145,0005.5%
Hainesville907028.6%$151,000$130,00016.2%

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