The median sale price of a home sold in January 2020 in Grandwood Park fell by $82,000 while total sales decreased by 37.5%, according to BlockShopper.com.
In January 2020, there were five homes sold, with a median sale price of $175,500 - a 31.8% decrease over the $257,500 median sale price for the same period of the previous year. There were eight homes sold in Grandwood Park in January 2019.
The median sales tax in Grandwood Park for the most recent year with available data, 2017, was $6,661, approximately 3.8% of the median home sale price for January 2020.
The following table compares Grandwood Park 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) |
|---|---|---|---|---|---|---|
| Third Lake | 3 | 2 | 50% | $217,500 | $176,000 | 23.6% |
| Wauconda | 13 | 10 | 30% | $214,000 | $215,750 | -0.8% |
| 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% |
Sign up to receive home sales alerts in Waukegan
