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Lake County Gazette

Thursday, October 2, 2025

Q3 real estate sales report: Green Oaks

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Median prices rose in Green Oaks over last year, and are down 15.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 15 homes sold in Green Oaks for a median price of $556,000. That's 5.3 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Green Oaks was in foreclosure.

Median property tax for homeowners in Green Oaks was $11,779.81 in 2017 according to tax data from that year. That means homeowners pay 2.2 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.

Green Oaks real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$658,125
-
2010
13
$564,300
-14.3%
2011
10
$676,870
19.9%
2012
17
$545,000
-19.5%
2013
26
$548,100
0.6%
2014
22
$549,875
0.3%
2015
10
$536,625
-2.4%
2016
12
$601,125
12%
2017
12
$527,850
-12.2%
2018
15
$556,000
5.3%

Median property tax
Median sale price
Effective property tax rate
2009
$12,560.82
$658,125
1.9%
2010
$10,632.44
$564,300
1.9%
2011
$13,976.50
$676,870
2.1%
2012
$13,168.13
$545,000
2.4%
2013
$13,643.44
$548,100
2.5%
2014
$11,659.25
$549,875
2.1%
2015
$12,069.23
$536,625
2.2%
2016
$13,738.39
$601,125
2.3%
2017
$11,779.80
$527,850
2.2%

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