In September 2017, there were eight homes sold, with a median sale price of $618,022.50 - a 7.7% decrease over the $669,500 median sale price for the same period of the previous year. There were six homes sold in Long Grove in September 2016.
The median sales tax in Long Grove for 2017 was $18,467.61. In 2016, the median sales tax was $18,194.90. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.
The following table compares Long Grove to other Lake County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Barrington Hills | 1 | 0 | - | $1,250,000 | $0 | - |
| Lake Forest | 25 | 26 | -3.8% | $715,000 | $779,000 | -8.2% |
| Kildeer | 8 | 6 | 33.3% | $620,000 | $719,950 | -13.9% |
| Lake Bluff | 13 | 10 | 30% | $620,000 | $440,000 | 40.9% |
| Long Grove | 8 | 6 | 33.3% | $618,022.50 | $669,500 | -7.7% |
| Riverwoods | 9 | 9 | 0% | $527,450 | $565,000 | -6.6% |
| Highland Park | 39 | 35 | 11.4% | $520,000 | $549,000 | -5.3% |
| Lincolnshire | 12 | 9 | 33.3% | $512,500 | $447,000 | 14.7% |
| Hawthorn Woods | 11 | 11 | 0% | $504,489 | $515,000 | -2% |
| North Barrington | 5 | 6 | -16.7% | $500,000 | $395,000 | 26.6% |
| Deer Park | 8 | 4 | 100% | $440,000 | $400,000 | 10% |
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