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Lake County Gazette

Tuesday, July 8, 2025

Libertyville home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Libertyville fell by $42,500 while total sales increased by 19.2%, according to BlockShopper.com.

In April 2017, there were 31 homes sold, with a median sale price of $340,000 - a 11.1% decrease over the $382,500 median sale price for the same period of the previous year. There were 26 homes sold in Libertyville in April 2016.

The median sales tax in Libertyville for 2017 was $9,582.54. In 2016, the median sales tax was $9,221. This marks an increase of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Libertyville to other Lake County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
North Barrington36-50%$415,000$647,000-35.9%
Lake Barrington161323.1%$387,500$283,30036.8%
Knollwood10-$378,000$0-
Lincolnshire166166.7%$374,000$371,0000.8%
Buffalo Grove464015%$359,000$340,5005.4%
Libertyville312619.2%$340,000$382,500-11.1%
Lake Zurich1926-26.9%$312,000$321,500-3%
Harris Corners110%$300,000$305,000-1.6%
Wadsworth5425%$277,000$441,500-37.3%
Vernon Hills352920.7%$258,000$320,500-19.5%
Gurnee4142-2.4%$253,000$198,50027.5%

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