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Lake County Gazette

Wednesday, November 27, 2024

Venetian Village home prices rise in 2017

Realestate1

The median sale price of a home sold in 2017 in Venetian Village rose by $20,000 while total sales increased by 35.9%, according to BlockShopper.com.

From January through December of 2017, there were 53 homes sold, with a median sale price of $155,000 - a 14.8% increase over the $135,000 median sale price for the previous year. There were 39 homes sold in Venetian Village in 2016.

The median sales tax in Venetian Village for 2017 was $3,590. In 2016, the median sales tax was $3,675. This marks an decrease of 2.3%. 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 Venetian Village 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)
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%
Round Lake Heights423327.3%$150,502$118,05027.5%
Lake Catherine301776.5%$146,000$110,00032.7%
Channel Lake382740.7%$133,250$100,00033.3%

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