From July through December of 2019, there were 22 homes sold, with a median sale price of $138,450 - a 4.5% increase over the $132,500 median sale price for the same period of the previous year. There were 47 homes sold in Long Lake in the second half of 2018.
The median sales tax in Long Lake for the most recent year with available data, 2017, was $2,990, approximately 2.2% of the median home sale price for the second half of 2019.
The following table compares Long Lake to other Lake County cities with similar median sales prices in the second half of 2019:
City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Venetian Village | 25 | 30 | -16.7% | $160,000 | $159,000 | 0.6% |
Round Lake Beach | 211 | 235 | -10.2% | $158,000 | $145,500 | 8.6% |
Hainesville | 43 | 44 | -2.3% | $157,000 | $150,000 | 4.7% |
Waukegan | 372 | 408 | -8.8% | $143,444 | $131,950 | 8.7% |
Channel Lake | 11 | 25 | -56% | $139,900 | $164,900 | -15.2% |
Long Lake | 22 | 47 | -53.2% | $138,450 | $132,500 | 4.5% |
Lake Catherine | 11 | 18 | -38.9% | $137,000 | $184,950 | -25.9% |
Round Lake Park | 36 | 31 | 16.1% | $126,250 | $123,625 | 2.1% |
North Chicago | 58 | 78 | -25.6% | $123,950 | $105,000 | 18% |
Zion | 224 | 198 | 13.1% | $121,850 | $122,225 | -0.3% |
Lotus Woods | 7 | 9 | -22.2% | $86,000 | $155,000 | -44.5% |