In May, there were 39 homes sold, with a median sale price of $250,000 - a 13 percent decrease from the $287,450 median sale price for the same period of the previous year. There were 40 homes sold in Grayslake in May 2021.
The median sales tax in Grayslake for the most recent year with available data, 2019, was $8,340, approximately 3.3 percent of the median home sale price for May.
The following table compares Grayslake to other Lake County cities with similar median sale prices in May:
| City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gurnee | 42 | 50 | -16 | $278,500 | $314,000 | -11.3 |
| Echo Lake | 1 | 1 | 0 | $276,500 | $225,000 | 22.9 |
| Vernon Hills | 48 | 34 | 41.2 | $270,500 | $315,000 | -14.1 |
| Ingleside Shore | 11 | 5 | 120 | $260,000 | $165,000 | 57.6 |
| Gages Lake | 19 | 15 | 26.7 | $250,000 | $214,000 | 16.8 |
| Grayslake | 39 | 40 | -2.5 | $250,000 | $287,450 | -13 |
| Mylith Park | 1 | 0 | - | $250,000 | $0 | - |
| Wauconda | 15 | 15 | 0 | $250,000 | $252,000 | -0.8 |
| Winthrop Harbor | 17 | 10 | 70 | $236,236 | $235,950 | 0.1 |
| Round Lake | 13 | 30 | -56.7 | $235,000 | $244,500 | -3.9 |
| Island Lake | 5 | 1 | 400 | $227,500 | $325,000 | -30 |
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