From July to September, 49 homes sold in Lake Bluff for a median price of $508,000. That's 12.5 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Lake Bluff.
Median property tax for homeowners in Lake Bluff was $11,203.70 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.
Lake Bluff real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$479,700
-
2010
28
$577,980
20.5%
2011
25
$536,750
-7.1%
2012
34
$457,255
-14.8%
2013
50
$550,800
20.5%
2014
39
$598,900
8.7%
2015
48
$652,907
9%
2016
38
$506,625
-22.4%
2017
41
$580,380
14.6%
2018
49
$508,000
-12.5%
Median property tax
Median sale price
Effective property tax rate
2009
$9,538.14
$479,700
2%
2010
$11,138.08
$577,980
1.9%
2011
$11,443.04
$536,750
2.1%
2012
$10,646.56
$457,255
2.3%
2013
$10,362.07
$550,800
1.9%
2014
$11,235.41
$598,900
1.9%
2015
$11,609.50
$652,907
1.8%
2016
$10,006.07
$506,625
2%
2017
$11,203.70
$580,380
1.9%
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