Lake Zurich home prices fall in January 2020

Medium re 14

The median sale price of a home sold in January 2020 in Lake Zurich fell by $98,000 while total sales increased by 6.7%, according to BlockShopper.com.

In January 2020, there were 16 homes sold, with a median sale price of $252,000 - a 28% decrease over the $350,000 median sale price for the same period of the previous year. There were 15 homes sold in Lake Zurich in January 2019.

The median sales tax in Lake Zurich for the most recent year with available data, 2017, was $7,406, approximately 2.9% of the median home sale price for January 2020.

The following table compares Lake Zurich 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)
Deerfield
10
21
-52.4%
$291,000
$369,000
-21.1%
Lake Barrington
7
12
-41.7%
$289,000
$277,500
4.1%
Buffalo Grove
21
28
-25%
$265,000
$307,500
-13.8%
Indian Creek
1
0
-
$260,000
$0
-
Island Lake
1
0
-
$260,000
$0
-
Lake Zurich
16
15
6.7%
$252,000
$350,000
-28%
Lake Catherine
1
2
-50%
$246,000
$76,450
221.8%
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%

Related Links

Zip:

Neighborhood:

Blockshopper green logo