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Lake County Gazette

Sunday, December 22, 2024

What happened to the median home valuation price in Lake County in April 2024 compared to April 2023?

Re 9

In April, the median sale price of a home in Lake County rose by $30,000 from the same period in the previous year, while total sales increased by 10.4%, according to BlockShopper.com.

Data shows that there were 628 homes sold in April, with a median sale price of $345,000 - a 9.5% increase over the $315,000 median sale price for the same period of the previous year. There were 569 homes sold in Lake County in April 2023.

For context, the median sales tax in Lake County, based on the latest available data from 2021, was $7,932, which stands at 2.3% of April's median home sale price.

The following histogram displays changes in median sales prices in Lake County from April 2023 to April 2024.

April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024$315,000$315,000$346,500$346,500$360,500$360,500$360,000$360,000$340,000$340,000$340,000$340,000$330,000$330,000$306,000$306,000$323,700$323,700$299,000$299,000$307,961$307,961$334,000$334,000$345,000$345,000

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