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Lake County Gazette

Friday, October 24, 2025

What happened to the median home price in Grandwood Park during December 2021?

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The median sale price of a home sold in December 2021 in Grandwood Park fell by $137,550 while total sales increased by 233.3%, according to BlockShopper.com.

In December 2021, there were 10 homes sold, with a median sale price of $249,450 - a 35.5% decrease over the $387,000 median sale price for the same period of the previous year. There were three homes sold in Grandwood Park in December 2020.

The median sales tax in Grandwood Park for the most recent year with available data, 2019, was $7,275, approximately 2.9% of the median home sale price for December 2021.

The following table compares Grandwood Park to other Lake County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Forest Lake15-80%$288,000$396,000-27.3%
Gurnee5615273.3%$281,500$275,0002.4%
Antioch3916143.8%$262,000$172,50051.9%
Round Lake14875%$257,500$160,47560.5%
Lindenhurst251392.3%$255,000$215,00018.6%
Grandwood Park103233.3%$249,450$387,000-35.5%
Lake Bluff7475%$248,000$480,000-48.3%
Ingleside Shore52150%$240,000$282,500-15%
Mundelein11757.1%$239,000$234,9001.7%
Wauconda11683.3%$231,231$257,500-10.2%
Island Lake330%$230,000$255,000-9.8%

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