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Lake County Gazette

Wednesday, November 27, 2024

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

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The median sale price of a home sold in December 2017 in Deer Park in Lake County rose by $111,000 while total sales decreased by 14.3%, according to BlockShopper.com.

In December 2017, there were six homes sold, with a median sale price of $500,000 - a 28.5% increase over the $389,000 median sale price for the same period of the previous year. There were seven homes sold in Deer Park in December 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 2.2%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Long Grove7616.7%$633,000$585,0008.2%
Lake Bluff39-66.7%$620,000$510,00021.6%
North Barrington5366.7%$607,500$563,0007.9%
Kildeer45-20%$598,500$460,00030.1%
Highland Park41402.5%$532,000$474,95012%
Deer Park67-14.3%$500,000$389,00028.5%
Lincolnshire911-18.2%$485,000$372,50030.2%
Cary21100%$485,000$262,00085.1%
Hawthorn Woods1112-8.3%$480,000$493,960-2.8%
Third Lake10-$460,000$0-
Bannockburn110%$455,910$830,000-45.1%
* This story only considers sales data for the part of Deer Park that is in Lake County.

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