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Lake County Gazette

Tuesday, November 26, 2024

Lake Zurich home prices fall in June 2019

Realestate5

The median sale price of a home sold in June 2019 in Lake Zurich fell by $15,250 while total sales increased by 15.8%, according to BlockShopper.com.

In June 2019, there were 44 homes sold, with a median sale price of $336,000 - a 4.3% decrease over the $351,250 median sale price for the same period of the previous year. There were 38 homes sold in Lake Zurich in June 2018.

The median sales tax in Lake Zurich for the most recent year with available data, 2017, was $7,406, approximately 2.2% of the median home sale price for June 2019.

The following table compares Lake Zurich 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)
Deer Park34-25%$405,000$500,000-19%
Indian Creek110%$400,000$380,0005.3%
Barrington Hills110%$356,500$1,345,000-73.5%
Buffalo Grove5069-27.5%$342,750$365,000-6.1%
Vernon Hills4655-16.4%$340,625$325,9004.5%
Lake Zurich443815.8%$336,000$351,250-4.3%
Knollwood34-25%$335,000$272,50022.9%
Wadsworth10742.9%$327,500$360,000-9%
Barrington1320-35%$324,900$522,500-37.8%
Horatio Gardens3250%$310,000$247,50025.3%
Lake Barrington1332-59.4%$305,000$320,550-4.9%

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