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Lake County Gazette

Wednesday, July 2, 2025

Deer Park (Lake County) home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Deer Park in Lake County fell by $183,250 while total sales increased by 500%, according to BlockShopper.com.

In May 2017, there were 12 homes sold, with a median sale price of $454,250 - a 28.7% decrease over the $637,500 median sale price for the same period of the previous year. There were two homes sold in Deer Park in May 2016.

The median sales tax in Deer Park for 2017 was $11,163.69. In 2016, the median sales tax was $11,210.10. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Deer Park to other Lake County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Hawthorn Woods171241.7%$518,000$521,970.50-0.8%
Long Grove157114.3%$515,000$520,000-1%
Tower Lakes23-33.3%$481,000$540,000-10.9%
Lake Bluff191711.8%$475,000$596,000-20.3%
Deerfield40385.3%$458,750$426,2507.6%
Deer Park122500%$454,250$637,500-28.7%
Mettawa20-$431,674.50$0-
Libertyville503831.6%$411,750$362,50013.6%
Fox River Grove13-66.7%$405,000$480,000-15.6%
Lincolnshire201353.8%$402,500$511,700-21.3%
Indian Creek20-$379,500$0-
* This story only considers sales data for the part of Deer Park that is in Lake County.

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