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Lake County Gazette

Wednesday, November 27, 2024

Hainesville home prices rise in 2017

Realestate077

The median sale price of a home sold in 2017 in Hainesville rose by $21,000 while total sales increased by 28.6%, according to BlockShopper.com.

From January through December of 2017, there were 90 homes sold, with a median sale price of $151,000 - a 16.2% increase over the $130,000 median sale price for the previous year. There were 70 homes sold in Hainesville in 2016.

The median sales tax in Hainesville for 2017 was $5,628. In 2016, the median sales tax was $5,458. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Hainesville 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)
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%
Long Lake676011.7%$130,000$116,100.5012%
Round Lake Beach4484313.9%$130,000$115,00013%

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