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Lake County Gazette

Monday, October 27, 2025

The fourth quarter of 2021: Home prices in Waukegan increased

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The median sale price of a home sold in the fourth quarter of 2021 in Waukegan rose by $25,200 while total sales increased by 116.7%, according to BlockShopper.com.

From October through December of 2021, there were 221 homes sold, with a median sale price of $185,000 - a 15.8% increase over the $159,800 median sale price for the same period of the previous year. There were 102 homes sold in Waukegan in the fourth quarter of 2020.

The median sales tax in Waukegan for the most recent year with available data, 2019, was $4,167, approximately 2.3% of the median home sale price for the fourth quarter of 2021.

The following table compares Waukegan to other Lake County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Winthrop Harbor392369.6%$220,000$167,00031.7%
Fox Lake Hills171070%$215,000$140,890.7052.6%
Mundelein473151.6%$215,000$210,0002.4%
Fox Lake532982.8%$205,000$170,00020.6%
Hainesville2511127.3%$190,000$147,00029.3%
Waukegan221102116.7%$185,000$159,80015.8%
Venetian Village156150%$185,000$210,750-12.2%
Zion956448.4%$180,000$133,70034.6%
Round Lake Beach1116376.2%$175,000$173,0001.2%
Long Lake188125%$172,450$163,7505.3%
Lake Catherine113266.7%$170,000$180,000-5.6%

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