Grayslake home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Grayslake fell by $2,450 while total sales decreased by 19.2%, according to BlockShopper.com.

In January 2020, there were 21 homes sold, with a median sale price of $175,000 - a 1.4% decrease over the $177,450 median sale price for the same period of the previous year. There were 26 homes sold in Grayslake in January 2019.

The median sales tax in Grayslake for the most recent year with available data, 2017, was $8,377, approximately 4.8% of the median home sale price for January 2020.

The following table compares Grayslake 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)
Gurnee
27
30
-10%
$212,000
$281,000
-24.6%
Fox Lake
11
5
120%
$200,000
$156,040
28.2%
Lindenhurst
13
19
-31.6%
$194,500
$195,000
-0.3%
Grandwood Park
5
8
-37.5%
$175,500
$257,500
-31.8%
Mundelein
13
7
85.7%
$175,000
$329,500
-46.9%
Grayslake
21
26
-19.2%
$175,000
$177,450
-1.4%
Long Lake
6
1
500%
$174,450
$370,000
-52.9%
Beach Park
10
13
-23.1%
$170,000
$168,000
1.2%
Lake Villa
10
11
-9.1%
$170,000
$190,000
-10.5%
Gages Lake
8
12
-33.3%
$168,750
$177,500
-4.9%
Winthrop Harbor
9
0
-
$159,900
$0
-

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