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Lake County Gazette

Tuesday, November 26, 2024

North Chicago home prices rise in 2018

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The median sale price of a home sold in 2018 in North Chicago rose by $30,000 while total sales increased by 3.8%, according to BlockShopper.com.

From January through December of 2018, there were 136 homes sold, with a median sale price of $105,000 - a 40% increase over the $75,000 median sale price for the previous year. There were 131 homes sold in North Chicago in 2017.

The median sales tax in North Chicago for the most recent year with available data, 2017, was $2,173, approximately 2.1% of the median home sale price for 2018.

The following table compares North Chicago to other Lake County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Park City1113-15.4%$155,000$160,000-3.1%
Hainesville94904.4%$143,000$151,000-5.3%
Round Lake Beach4484480%$143,000$130,00010%
Waukegan731748-2.3%$130,000$125,0004%
Long Lake72677.5%$128,000$130,000-1.5%
Lotus Woods16977.8%$127,000$100,00027%
Round Lake Park5873-20.5%$122,312.50$100,00022.3%
Zion3803741.6%$119,000$103,00015.5%
North Chicago1361313.8%$105,000$75,00040%
Williams Park21100%$102,000$36,874176.6%
Mylith Park16-83.3%$80,000$188,050-57.5%

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