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Lake County Gazette

Saturday, November 23, 2024

How did home prices perform in Hainesville during the first half of 2022?

Re 1

The median sale price of a home sold in the first half of 2022 in Hainesville rose by $23,300 while total sales increased by 163.6 percent, according to BlockShopper.com.

From January through June, there were 58 homes sold, with a median sale price of $194,500 - a 13.6 percent increase over the $171,200 median sale price for the same period of the previous year. There were 22 homes sold in Hainesville in the first half of 2021.

The median sales tax in Hainesville for the most recent year with available data, 2019, was $6,164, approximately 3.2 percent of the median home sale price for the first half of 2022.

The following table compares Hainesville 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)
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
Klondike41300$183,389$608,200-69.8
Waukegan465108330.6$180,000$179,0000.6
Cary82300$175,500$530,500-66.9
Round Lake Beach21493130.1$175,050$160,0009.4

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