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Lake County Gazette

Sunday, November 24, 2024

Pricing for the median home in Round Lake decreased during the first half of 2022

Re 9

The median sale price of a home sold in the first half of 2022 in Round Lake fell by $5,500 while total sales increased by 72.7 percent, according to BlockShopper.com.

From January through June, there were 114 homes sold, with a median sale price of $229,500 - a 2.3 percent decrease from the $235,000 median sale price for the same period of the previous year. There were 66 homes sold in Round Lake in the first half of 2021.

The median sales tax in Round Lake for the most recent year with available data, 2019, was $6,660, approximately 2.9 percent of the median home sale price for the first half of 2022.

The following table compares Round Lake 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)
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
Hainesville5822163.6$194,500$171,20013.6
Round Lake Park301687.5$187,500$97,00093.3

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