Venetian Village home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Venetian Village rose by $22,500 while total sales decreased by 33.3%, according to

From January through June of 2020, there were 16 homes sold, with a median sale price of $157,500 - a 16.7% increase over the $135,000 median sale price for the same period of the previous year. There were 24 homes sold in Venetian Village in the first half of 2019.

The median sales tax in Venetian Village for the most recent year with available data, 2018, was $3,792, approximately 2.4% of the median home sale price for the first half of 2020.

The following table compares Venetian Village to other Lake County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Ingleside Shore41410%$180,000$187,500-4%
Long Lake2426-7.7%$177,000$172,0002.9%
Beach Park6199-38.4%$175,000$176,000-0.6%
Winthrop Harbor484311.6%$171,525$172,500-0.6%
Fox Lake6669-4.3%$167,500$184,000-9%
Venetian Village1624-33.3%$157,500$135,00016.7%
Round Lake Beach128215-40.5%$157,000$132,85018.2%
Round Lake Park2029-31%$145,250$125,00016.2%
Mylith Park12-50%$140,000$71,50095.8%

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