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Lake County Gazette

Monday, November 25, 2024

Deer Park (Lake County) home prices rise in September 2017

Realestate077

The median sale price of a home sold in September 2017 in Deer Park in Lake County rose by $40,000 while total sales increased by 100%, according to BlockShopper.com.

In September 2017, there were eight homes sold, with a median sale price of $440,000 - a 10% increase over the $400,000 median sale price for the same period of the previous year. There were four homes sold in Deer Park in September 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 September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Riverwoods990%$527,450$565,000-6.6%
Highland Park393511.4%$520,000$549,000-5.3%
Lincolnshire12933.3%$512,500$447,00014.7%
Hawthorn Woods11110%$504,489$515,000-2%
North Barrington56-16.7%$500,000$395,00026.6%
Deer Park84100%$440,000$400,00010%
Deerfield2639-33.3%$426,145$440,000-3.1%
Third Lake12-50%$415,000$349,00018.9%
Indian Creek10-$399,900$0-
Knollwood12-50%$395,000$324,00021.9%
Klondike10-$375,000$0-
* This story only considers sales data for the part of Deer Park that is in Lake County.

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