In March 2017, there were 15 homes sold, with a median sale price of $380,000 - a 3.1% decrease over the $391,959.37 median sale price for the same period of the previous year. There were four homes sold in Lincolnshire in March 2016.
The median sales tax in Lincolnshire for 2017 was $13,527.93. In 2016, the median sales tax was $13,006.90. This marks an increase of 4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.
The following table compares Lincolnshire to other Lake County cities with similar median sales prices in March 2017:
City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Kildeer | 6 | 4 | 50% | $462,500 | $580,000 | -20.3% |
Barrington | 9 | 7 | 28.6% | $435,000 | $310,000 | 40.3% |
Deer Park | 5 | 2 | 150% | $430,000 | $670,000 | -35.8% |
Lake Bluff | 10 | 8 | 25% | $426,600 | $802,500 | -46.8% |
Highland Park | 42 | 30 | 40% | $390,000 | $514,500 | -24.2% |
Lincolnshire | 15 | 4 | 275% | $380,000 | $391,959.37 | -3.1% |
Forest Lake | 2 | 3 | -33.3% | $377,250 | $262,000 | 44% |
Lake Zurich | 21 | 22 | -4.5% | $371,000 | $313,250 | 18.4% |
Deerfield | 20 | 14 | 42.9% | $364,000 | $390,000 | -6.7% |
Libertyville | 28 | 32 | -12.5% | $345,000 | $320,250 | 7.7% |
Buffalo Grove | 42 | 33 | 27.3% | $326,500 | $262,500 | 24.4% |