From July to September, 112 homes sold in Lake Forest for a median price of $754,500. That's 9.3 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 2 homes in Lake Forest were in foreclosure.
Median property tax for homeowners in Lake Forest was $14,361.18 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
46
$1,007,370
-
2010
81
$1,051,080
4.3%
2011
71
$949,200
-9.7%
2012
83
$780,440
-17.8%
2013
130
$808,380
3.6%
2014
79
$816,200
1%
2015
77
$821,500
0.6%
2016
84
$855,750
4.2%
2017
106
$832,320
-2.7%
2018
112
$754,500
-9.3%
Median property tax
Median sale price
Effective property tax rate
2009
$13,725.49
$1,007,370
1.4%
2010
$15,523.08
$1,051,080
1.5%
2011
$16,308.35
$949,200
1.7%
2012
$13,297.09
$780,440
1.7%
2013
$12,784.28
$808,380
1.6%
2014
$13,741.94
$816,200
1.7%
2015
$13,686.35
$821,500
1.7%
2016
$14,914.29
$855,750
1.7%
2017
$14,361.17
$832,320
1.7%
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