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Lake County Gazette

Sunday, November 24, 2024

First half of 2022: Winthrop Harbor experienced a 5.7% increase in median home prices

Re 6

The median sale price of a home sold in the first half of 2022 in Winthrop Harbor rose by $12,736 while total sales increased by 225 percent, according to BlockShopper.com.

From January through June, there were 65 homes sold, with a median sale price of $236,236 - a 5.7 percent increase over the $223,500 median sale price for the same period of the previous year. There were 20 homes sold in Winthrop Harbor in the first half of 2021.

The median sales tax in Winthrop Harbor for the most recent year with available data, 2019, was $5,642, approximately 2.4 percent of the median home sale price for the first half of 2022.

The following table compares Winthrop Harbor 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)
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
Beach Park11023378.3$220,105$190,00015.8
Mylith Park31200$220,000$71,500207.7

ORGANIZATIONS IN THIS STORY

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