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Lake County Gazette

Monday, November 25, 2024

Lakemoor (Lake County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Lakemoor in Lake County fell by $162,500 while total sales increased by 40%, according to BlockShopper.com.

In June 2019, there were seven homes sold, with a median sale price of $62,500 - a 72.2% decrease over the $225,000 median sale price for the same period of the previous year. There were five homes sold in Lakemoor in June 2018.

The median sales tax in Lakemoor for the most recent year with available data, 2017, was $6,860, approximately 11% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Hainesville10100%$166,750$193,500-13.8%
Round Lake Heights52150%$155,000$153,4501%
Waukegan666010%$145,000$144,5000.3%
Venetian Village47-42.9%$141,000$154,000-8.4%
Lotus Woods31200%$140,000$17,000723.5%
Round Lake Park93200%$133,000$130,0002.3%
Zion423520%$115,000$115,205-0.2%
North Chicago1319-31.6%$88,000$95,000-7.4%
Mylith Park10-$73,000$0-
Channel Lake110%$69,000$29,000137.9%
Lakemoor7540%$62,500$225,000-72.2%
* This story only considers sales data for the part of Lakemoor that is in Lake County.

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