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Lake County Gazette

Friday, April 19, 2024

Lake Zurich home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Lake Zurich rose by $11,250 while total sales increased by 21.7%, according to BlockShopper.com.

In April 2019, there were 28 homes sold, with a median sale price of $341,250 - a 3.4% increase over the $330,000 median sale price for the same period of the previous year. There were 23 homes sold in Lake Zurich in April 2018.

The median sales tax in Lake Zurich for the most recent year with available data, 2017, was $7,406, approximately 2.2% of the median home sale price for April 2019.

The following table compares Lake Zurich to other Lake County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Horatio Gardens42100%$429,500$226,00090%
Cary21100%$390,000$237,00064.6%
Barrington161145.5%$386,210$505,500-23.6%
Indian Creek20-$383,000$0-
Lake Barrington910-10%$355,000$245,00044.9%
Lake Zurich282321.7%$341,250$330,0003.4%
Lincolnshire7540%$340,000$270,00025.9%
Buffalo Grove423810.5%$329,500$340,000-3.1%
Knollwood13-66.7%$320,000$475,000-32.6%
Fox River Grove110%$315,000$505,000-37.6%
Wadsworth5366.7%$295,000$285,0003.5%

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