From July to September, 139 homes sold in Vernon Hills for a median price of $307,500. That's 9.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Vernon Hills was in foreclosure.
Median property tax for homeowners in Vernon Hills was $8,960.71 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.
Vernon Hills real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
84
$360,507
-
2010
58
$376,799
4.5%
2011
78
$260,465
-30.9%
2012
112
$277,950
6.7%
2013
167
$304,560
9.6%
2014
137
$295,740
-2.9%
2015
174
$331,171
12%
2016
154
$322,613
-2.6%
2017
164
$340,170
5.4%
2018
139
$307,500
-9.6%
Median property tax
Median sale price
Effective property tax rate
2009
$8,648.11
$360,507
2.4%
2010
$9,757.42
$376,799
2.6%
2011
$7,361.41
$260,465
2.8%
2012
$7,990.34
$277,950
2.9%
2013
$8,054.80
$304,560
2.6%
2014
$7,982.92
$295,740
2.7%
2015
$8,552.32
$331,171
2.6%
2016
$8,262.33
$322,613
2.6%
2017
$8,960.70
$340,170
2.6%
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