From April through June, there were 39 homes sold, with a median sale price of $264,500 - a 23.7 percent decrease from the $346,640 median sale price for the same period of the previous year. There were 16 homes sold in Grandwood Park in the second quarter of 2021.
The median sales tax in Grandwood Park for the most recent year with available data, 2019, was $7,275, approximately 2.8 percent of the median home sale price for the second quarter of 2022.
The following table compares Grandwood Park to other Lake County cities with similar median sale prices in the second quarter of 2022:
| City | April - June 2022 Home Sales | April - June 2021 Home Sales | % change (Total Home Sales) | April - June 2022 Median Sales Price | April - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wauconda | 46 | 18 | 155.6 | $280,000 | $258,500 | 8.3 |
| Echo Lake | 1 | 3 | -66.7 | $276,500 | $130,000 | 112.7 |
| Lakemoor | 16 | 8 | 100 | $273,000 | $237,000 | 15.2 |
| Grayslake | 117 | 56 | 108.9 | $270,000 | $277,500 | -2.7 |
| Ingleside Shore | 21 | 13 | 61.5 | $268,000 | $220,000 | 21.8 |
| Grandwood Park | 39 | 16 | 143.8 | $264,500 | $346,640 | -23.7 |
| Fox Lake Hills | 13 | 10 | 30 | $255,000 | $232,500 | 9.7 |
| Fox Lake | 38 | 27 | 40.7 | $255,000 | $244,000 | 4.5 |
| Lake Catherine | 10 | 1 | 900 | $250,000 | $257,500 | -2.9 |
| Island Lake | 13 | 4 | 225 | $248,000 | $220,000 | 12.7 |
| Winthrop Harbor | 36 | 13 | 176.9 | $243,750 | $226,000 | 7.9 |
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