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Lake County Gazette

Monday, November 25, 2024

Libertyville home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Libertyville fell by $16,000 while total sales decreased by 13.6%, according to BlockShopper.com.

In September 2017, there were 38 homes sold, with a median sale price of $361,500 - a 4.2% decrease over the $377,500 median sale price for the same period of the previous year. There were 44 homes sold in Libertyville in September 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 2.7%.

The following table compares Libertyville 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)
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-
Libertyville3844-13.6%$361,500$377,500-4.2%
Grandwood Park8714.3%$360,000$239,90050.1%
Barrington718-61.1%$350,000$471,250-25.7%
Buffalo Grove4355-21.8%$349,900$305,00014.7%
Bannockburn12-50%$338,470$781,250-56.7%
Mettawa110%$335,000$545,000-38.5%

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