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Lake County Gazette

Thursday, April 25, 2024

Gurnee home prices fall in January 2020

Realestate1

The median sale price of a home sold in January 2020 in Gurnee fell by $69,000 while total sales decreased by 10%, according to BlockShopper.com.

In January 2020, there were 27 homes sold, with a median sale price of $212,000 - a 24.6% decrease over the $281,000 median sale price for the same period of the previous year. There were 30 homes sold in Gurnee in January 2019.

The median sales tax in Gurnee for the most recent year with available data, 2017, was $6,713, approximately 3.2% of the median home sale price for January 2020.

The following table compares Gurnee to other Lake County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Antioch221637.5%$229,990$217,4505.8%
Vernon Hills352825%$228,000$195,00016.9%
Round Lake151136.4%$224,500$206,0009%
Third Lake3250%$217,500$176,00023.6%
Wauconda131030%$214,000$215,750-0.8%
Gurnee2730-10%$212,000$281,000-24.6%
Fox Lake115120%$200,000$156,04028.2%
Lindenhurst1319-31.6%$194,500$195,000-0.3%
Grandwood Park58-37.5%$175,500$257,500-31.8%
Mundelein13785.7%$175,000$329,500-46.9%
Grayslake2126-19.2%$175,000$177,450-1.4%

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