From January through June, there were 23 homes sold, with a median sale price of $173,000 - a 32.8 percent decrease from the $257,450 median sale price for the same period of the previous year. There were six homes sold in Channel Lake in the first half of 2021.
The median sales tax in Channel Lake for the most recent year with available data, 2019, was $4,187, approximately 2.4 percent of the median home sale price for the first half of 2022.
The following table compares Channel Lake to other Lake County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hainesville | 58 | 22 | 163.6 | $194,500 | $171,200 | 13.6 |
| Round Lake Park | 30 | 16 | 87.5 | $187,500 | $97,000 | 93.3 |
| Klondike | 4 | 1 | 300 | $183,389 | $608,200 | -69.8 |
| Waukegan | 465 | 108 | 330.6 | $180,000 | $179,000 | 0.6 |
| Cary | 8 | 2 | 300 | $175,500 | $530,500 | -66.9 |
| Round Lake Beach | 214 | 93 | 130.1 | $175,050 | $160,000 | 9.4 |
| Channel Lake | 23 | 6 | 283.3 | $173,000 | $257,450 | -32.8 |
| Zion | 214 | 70 | 205.7 | $172,850 | $152,000 | 13.7 |
| Long Lake | 42 | 10 | 320 | $171,500 | $109,500 | 56.6 |
| Lotus Woods | 9 | 2 | 350 | $168,000 | $50,000 | 236 |
| North Chicago | 63 | 17 | 270.6 | $163,000 | $130,000 | 25.4 |
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