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Lake County Gazette

Sunday, November 24, 2024

Median home prices in Mundelein rose to $239,950 in the first half of 2022

Realestate077

The median sale price of a home sold in the first half of 2022 in Mundelein rose by $16,450 while total sales increased by 177.8 percent, according to BlockShopper.com.

From January through June, there were 100 homes sold, with a median sale price of $239,950 - a 7.4 percent increase over the $223,500 median sale price for the same period of the previous year. There were 36 homes sold in Mundelein in the first half of 2021.

The median sales tax in Mundelein for the most recent year with available data, 2019, was $5,387, approximately 2.2 percent of the median home sale price for the first half of 2022.

The following table compares Mundelein to other Lake County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Ingleside Shore4820140$254,950$213,00019.7
Fox Lake Hills241650$245,000$210,15016.6
Gages Lake11036205.6$243,755$234,9503.7
Island Lake227214.3$241,500$220,0009.8
Lake Catherine1711,600$240,000$257,500-6.8
Mundelein10036177.8$239,950$223,5007.4
Fox Lake9342121.4$239,000$204,50016.9
Winthrop Harbor6520225$236,236$223,5005.7
Venetian Village429366.7$230,000$139,00065.5
Round Lake1146672.7$229,500$235,000-2.3
Round Lake Heights188125$224,750$122,75083.1

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