The median sale price of a home sold in January 2020 in Third Lake rose by $41,500 while total sales increased by 50%, according to BlockShopper.com.
In January 2020, there were three homes sold, with a median sale price of $217,500 - a 23.6% increase over the $176,000 median sale price for the same period of the previous year. There were two homes sold in Third Lake in January 2019.
The median sales tax in Third Lake for the most recent year with available data, 2017, was $9,633, approximately 4.4% of the median home sale price for January 2020.
The following table compares Third Lake 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) |
|---|---|---|---|---|---|---|
| Lakemoor | 1 | 1 | 0% | $246,000 | $38,000 | 547.4% |
| Wadsworth | 7 | 3 | 133.3% | $232,500 | $198,000 | 17.4% |
| Antioch | 22 | 16 | 37.5% | $229,990 | $217,450 | 5.8% |
| Vernon Hills | 35 | 28 | 25% | $228,000 | $195,000 | 16.9% |
| Round Lake | 15 | 11 | 36.4% | $224,500 | $206,000 | 9% |
| 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% |
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