In March, the median sale price of a home in Lake County rose by $56,500 from the same period in the previous year, while total sales decreased by 10.2%, according to BlockShopper.com.
Data shows that there were 544 homes sold in March, with a median sale price of $334,000 – a 20.4% increase over the $277,500 median sale price for the same period of the previous year. There were 606 homes sold in Lake County in March 2023.
For context, the median sales tax in Lake County, based on the latest available data from 2021, was $7,932, which stands at 2.4% of March’s median home sale price.
The following histogram displays changes in median sales prices in Lake County from March 2023 to March 2024.
