From April through June, there were three homes sold, with a median sale price of $210,000 - a 320 percent increase over the $50,000 median sale price for the same period of the previous year. There were two homes sold in Lotus Woods in the second quarter of 2021.
The median sales tax in Lotus Woods for the most recent year with available data, 2019, was $3,020, approximately 1.4 percent of the median home sale price for the second quarter of 2022.
The following table compares Lotus Woods 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) |
---|---|---|---|---|---|---|
Mundelein | 42 | 23 | 82.6 | $227,950 | $240,000 | -5 |
Venetian Village | 25 | 4 | 525 | $225,000 | $159,500 | 41.1 |
Round Lake Heights | 11 | 5 | 120 | $224,500 | $225,000 | -0.2 |
Beach Park | 50 | 14 | 257.1 | $219,750 | $177,250 | 24 |
Hainesville | 25 | 13 | 92.3 | $217,000 | $170,000 | 27.6 |
Lotus Woods | 3 | 2 | 50 | $210,000 | $50,000 | 320 |
Channel Lake | 8 | 5 | 60 | $198,250 | $334,900 | -40.8 |
Round Lake Park | 16 | 13 | 23.1 | $195,000 | $94,700 | 105.9 |
Round Lake Beach | 97 | 65 | 49.2 | $195,000 | $153,000 | 27.5 |
Waukegan | 216 | 69 | 213 | $185,000 | $183,000 | 1.1 |
Zion | 108 | 46 | 134.8 | $175,500 | $167,250 | 4.9 |