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Lake County Gazette

Sunday, December 22, 2024

Lake County home prices rose in the second half of 2022

Realestate077

The median sale price of a home sold in the second half of 2022 in Lake County rose by $3,850 while total sales increased by 3.9%.

From July through December of 2022, there were 5,176 homes sold, with a median sale price of $313,750 - a 1.2% increase over the $309,900 median sale price for the same period of the previous year. There were 4,981 homes sold in Lake County in the second half of 2021.

The median sales tax in Lake County for the most recent year with available data, 2020, was $7,133 approximately 2.3% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Lake County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$309900$309900$316000$316000$313750$313750

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