From January through December of 2017, there were 13 homes sold, with a median sale price of $160,000 - a 23.4% increase over the $129,700 median sale price for the previous year. There were 10 homes sold in Park City in 2016.
The median sales tax in Park City for 2017 was $3,651. In 2016, the median sales tax was $3,374. This marks an increase of 8.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Park City 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) |
|---|---|---|---|---|---|---|
| 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% |
| Ingleside Shore | 106 | 98 | 8.2% | $164,450 | $139,000 | 18.3% |
| Beach Park | 220 | 165 | 33.3% | $160,750 | $144,000 | 11.6% |
| Park City | 13 | 10 | 30% | $160,000 | $129,700 | 23.4% |
| Fox Lake Hills | 61 | 50 | 22% | $158,000 | $165,500 | -4.5% |
| Venetian Village | 53 | 39 | 35.9% | $155,000 | $135,000 | 14.8% |
| Winthrop Harbor | 119 | 103 | 15.5% | $153,000 | $145,000 | 5.5% |
| Hainesville | 90 | 70 | 28.6% | $151,000 | $130,000 | 16.2% |
| Round Lake Heights | 42 | 33 | 27.3% | $150,502 | $118,050 | 27.5% |
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