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Lake County Gazette

Monday, November 25, 2024

Wadsworth home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Wadsworth fell by $57,450 while total sales increased by 60%, according to BlockShopper.com.

From April through June of 2019, there were 24 homes sold, with a median sale price of $292,450 - a 16.4% decrease over the $349,900 median sale price for the same period of the previous year. There were 15 homes sold in Wadsworth in the second quarter of 2018.

The median sales tax in Wadsworth for the most recent year with available data, 2017, was $8,752, approximately 3% of the median home sale price for the second quarter of 2019.

The following table compares Wadsworth 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)
Vernon Hills120155-22.6%$321,500$330,000-2.6%
Horatio Gardens8633.3%$317,500$227,50039.6%
Fox River Grove12-50%$315,000$505,000-37.6%
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%

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