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Lake County Gazette

Tuesday, October 21, 2025

The second half of 2021: Venetian Village experienced a 5.4% drop in median home prices

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The median sale price of a home sold in the second half of 2021 in Venetian Village fell by $10,250 while total sales increased by 15.4%, according to BlockShopper.com.

From July through December of 2021, there were 30 homes sold, with a median sale price of $179,000 - a 5.4% decrease over the $189,250 median sale price for the same period of the previous year. There were 26 homes sold in Venetian Village in the second half of 2020.

The median sales tax in Venetian Village for the most recent year with available data, 2019, was $4,509, approximately 2.5% of the median home sale price for the second half of 2021.

The following table compares Venetian Village to other Lake County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Fox Lake8593-8.6%$218,250$204,0007%
Klondike37-57.1%$194,000$290,000-33.1%
Hainesville3640-10%$190,000$148,25028.2%
Long Lake302425%$182,450$191,950-4.9%
Waukegan33628318.7%$180,000$159,90012.6%
Venetian Village302615.4%$179,000$189,250-5.4%
Round Lake Beach1771704.1%$175,000$155,00012.9%
Lake Catherine191435.7%$174,000$188,000-7.4%
Zion163174-6.3%$170,000$143,10018.8%
Round Lake Park4622109.1%$154,550$122,50026.2%
North Chicago474017.5%$150,000$157,450-4.7%

ORGANIZATIONS IN THIS STORY

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