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Lake County Gazette

Saturday, November 23, 2024

Round Lake Park median home prices rose by 93.3% in the first half of 2022

Re 9

The median sale price of a home sold in the first half of 2022 in Round Lake Park rose by $90,500 while total sales increased by 87.5 percent, according to BlockShopper.com.

From January through June, there were 30 homes sold, with a median sale price of $187,500 - a 93.3 percent increase over the $97,000 median sale price for the same period of the previous year. There were 16 homes sold in Round Lake Park in the first half of 2021.

The median sales tax in Round Lake Park for the most recent year with available data, 2019, was $3,772, approximately two percent of the median home sale price for the first half of 2022.

The following table compares Round Lake Park 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)
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
Channel Lake236283.3$173,000$257,450-32.8

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