In January 2020, there were 10 homes sold, with a median sale price of $170,000 - a 10.5% decrease over the $190,000 median sale price for the same period of the previous year. There were 11 homes sold in Lake Villa in January 2019.
The median sales tax in Lake Villa for the most recent year with available data, 2017, was $7,979, approximately 4.7% of the median home sale price for January 2020.
The following table compares Lake Villa to other Lake County cities with similar median sales prices in January 2020:
City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Grandwood Park | 5 | 8 | -37.5% | $175,500 | $257,500 | -31.8% |
Mundelein | 13 | 7 | 85.7% | $175,000 | $329,500 | -46.9% |
Grayslake | 21 | 26 | -19.2% | $175,000 | $177,450 | -1.4% |
Long Lake | 6 | 1 | 500% | $174,450 | $370,000 | -52.9% |
Beach Park | 10 | 13 | -23.1% | $170,000 | $168,000 | 1.2% |
Lake Villa | 10 | 11 | -9.1% | $170,000 | $190,000 | -10.5% |
Gages Lake | 8 | 12 | -33.3% | $168,750 | $177,500 | -4.9% |
Winthrop Harbor | 9 | 0 | - | $159,900 | $0 | - |
Ingleside Shore | 6 | 6 | 0% | $157,500 | $182,500 | -13.7% |
Fox Lake Hills | 6 | 1 | 500% | $157,450 | $124,500 | 26.5% |
North Chicago | 6 | 11 | -45.5% | $155,000 | $90,000 | 72.2% |