Quantcast

Lake County Gazette

Friday, April 19, 2024

Q2 real estate sales report: Long Grove

Realestate2

Median prices declined in Long Grove over last year, and are down 13.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 52 homes sold in Long Grove for a median price of $571,250. That's 1.7 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Long Grove was in foreclosure.

Median property tax for homeowners in Long Grove was $16,644.52 in 2017 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Long Grove real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$663,503
-
2010
22
$732,450
10.4%
2011
18
$708,510
-3.3%
2012
30
$544,455
-23.2%
2013
50
$579,960
6.5%
2014
41
$728,220
25.6%
2015
38
$656,140
-9.9%
2016
33
$719,250
9.6%
2017
47
$581,400
-19.2%
2018
52
$571,250
-1.7%

Median property tax
Median sale price
Effective property tax rate
2009
$14,410.77
$663,503
2.2%
2010
$16,769.33
$732,450
2.3%
2011
$19,433.58
$708,510
2.7%
2012
$16,178.06
$544,455
3%
2013
$15,945.57
$579,960
2.7%
2014
$18,489.39
$728,220
2.5%
2015
$18,518.10
$656,140
2.8%
2016
$17,793.13
$719,250
2.5%
2017
$16,644.52
$581,400
2.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS