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Lake County Gazette

Monday, November 25, 2024

Volo home prices fall in June 2019

Re 7

The median sale price of a home sold in June 2019 in Volo fell by $35,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $220,000 - a 13.7% decrease over the $255,000 median sale price for the same period of the previous year. There were three homes sold in Volo in June 2018, as well.

The median sales tax in Volo for the most recent year with available data, 2017, was $9,854, approximately 4.5% of the median home sale price for June 2019.

The following table compares Volo 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)
Cary41300%$288,750$483,000-40.2%
Gurnee4966-25.8%$267,000$244,2509.3%
Antioch4147-12.8%$240,000$241,000-0.4%
Third Lake35-40%$238,500$285,500-16.5%
Lake Villa351894.4%$224,000$249,875-10.4%
Volo330%$220,000$255,000-13.7%
Round Lake2941-29.3%$210,000$189,90010.6%
Grayslake685915.3%$207,500$230,000-9.8%
Grandwood Park1118-38.9%$205,200$297,500-31%
Island Lake510-50%$205,000$201,0002%
Lindenhurst3034-11.8%$200,000$220,000-9.1%

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