Zion home prices fall in January 2020

Medium realestate2

The median sale price of a home sold in January 2020 in Zion fell by $15,000 while total sales increased by 7.4%, according to BlockShopper.com.

In January 2020, there were 29 homes sold, with a median sale price of $115,000 - a 11.5% decrease over the $130,000 median sale price for the same period of the previous year. There were 27 homes sold in Zion in January 2019.

The median sales tax in Zion for the most recent year with available data, 2017, was $4,987, approximately 4.3% of the median home sale price for January 2020.

The following table compares Zion to other Lake County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
North Chicago
6
11
-45.5%
$155,000
$90,000
72.2%
Round Lake Park
2
4
-50%
$150,750
$174,000
-13.4%
Round Lake Heights
5
1
400%
$147,100
$170,000
-13.5%
Round Lake Beach
31
33
-6.1%
$145,000
$130,000
11.5%
Waukegan
47
49
-4.1%
$140,000
$126,000
11.1%
Cary
2
0
-
$135,500
$0
-
Hainesville
5
5
0%
$135,000
$178,500
-24.4%
Venetian Village
2
0
-
$117,500
$0
-
Zion
29
27
7.4%
$115,000
$130,000
-11.5%
Highwood
3
2
50%
$75,000
$209,000
-64.1%
Lotus Woods
1
0
-
$53,000
$0
-

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