From April to June, 98 homes sold in Lake Forest for a median price of $815,750. That's 6.2 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 4 homes in Lake Forest were in foreclosure.
Median property tax for homeowners in Lake Forest was $14,618.29 in 2017 according to tax data from that year. That means homeowners pay 1.7 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.
Lake Forest real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$877,500
-
2010
57
$798,000
-9.1%
2011
47
$962,760
20.6%
2012
57
$801,150
-16.8%
2013
77
$690,012
-13.9%
2014
71
$768,500
11.4%
2015
79
$768,500
0%
2016
76
$803,250
4.5%
2017
94
$869,550
8.3%
2018
98
$815,750
-6.2%
Median property tax
Median sale price
Effective property tax rate
2009
$11,666.29
$877,500
1.3%
2010
$10,853.91
$798,000
1.4%
2011
$15,321.97
$962,760
1.6%
2012
$12,176.69
$801,150
1.5%
2013
$12,296.99
$690,012
1.8%
2014
$13,483.96
$768,500
1.8%
2015
$13,241.91
$768,500
1.7%
2016
$13,471.03
$803,250
1.7%
2017
$14,618.28
$869,550
1.7%
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