North Chicago home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in North Chicago rose by $19,000 while total sales decreased by 24%, according to

From January through March of 2020, there were 19 homes sold, with a median sale price of $133,000 - a 16.7% increase over the $114,000 median sale price for the same period of the previous year. There were 25 homes sold in North Chicago in the first quarter of 2019.

The median sales tax in North Chicago for the most recent year with available data, 2018, was $2,378, approximately 1.8% of the median home sale price for the first quarter of 2020.

The following table compares North Chicago to other Lake County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Fox Lake281764.7%$144,950$158,000-8.3%
Venetian Village770%$141,028$135,0004.5%
Round Lake Beach5990-34.4%$141,000$128,00010.2%
Ingleside Shore15150%$140,000$187,500-25.3%
Mylith Park110%$140,000$70,000100%
North Chicago1925-24%$133,000$114,00016.7%
Channel Lake330%$120,000$114,0005.3%
Lotus Woods12-50%$53,000$121,350-56.3%

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