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Lake County Gazette

Monday, November 25, 2024

Gurnee home prices rise in the second quarter of 2019

Re 9

The median sale price of a home sold in the second quarter of 2019 in Gurnee rose by $10,800 while total sales increased by 4.5%, according to BlockShopper.com.

From April through June of 2019, there were 161 homes sold, with a median sale price of $245,000 - a 4.6% increase over the $234,200 median sale price for the same period of the previous year. There were 154 homes sold in Gurnee in the second quarter of 2018.

The median sales tax in Gurnee for the most recent year with available data, 2017, was $6,713, approximately 2.7% of the median home sale price for the second quarter of 2019.

The following table compares Gurnee 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)
Cary84100%$305,000$360,000-15.3%
Port Barrington3250%$295,000$339,250-13%
Wadsworth241560%$292,450$349,900-16.4%
Harris Corners21100%$292,000$355,000-17.7%
Highwood78-12.5%$290,000$411,000-29.4%
Gurnee1611544.5%$245,000$234,2004.6%
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%

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