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Lake County Gazette

Monday, November 25, 2024

Volo home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Volo fell by $10,000 while total sales increased by 44.4%, according to BlockShopper.com.

From April through June of 2019, there were 13 homes sold, with a median sale price of $235,000 - a 4.1% decrease over the $245,000 median sale price for the same period of the previous year. There were nine homes sold in Volo in the second quarter of 2018.

The median sales tax in Volo for the most recent year with available data, 2017, was $9,854, approximately 4.2% of the median home sale price for the second quarter of 2019.

The following table compares Volo to other Lake County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Lake Villa835745.6%$241,600$227,0006.4%
Third Lake57-28.6%$238,500$285,500-16.5%
Forest Lake13944.4%$238,000$248,000-4%
Wauconda59565.4%$237,500$242,000-1.9%
Antioch113133-15%$237,000$225,0005.3%
Volo13944.4%$235,000$245,000-4.1%
Grandwood Park2643-39.5%$232,500$264,000-11.9%
Grayslake1541419.2%$215,250$225,000-4.3%
Gages Lake564524.4%$211,750$197,0007.5%
Round Lake84840%$209,500$199,0005.3%
Island Lake1521-28.6%$205,000$194,0005.7%

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