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Lake County Gazette

Wednesday, November 27, 2024

Libertyville home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Libertyville rose by $56,250 while total sales decreased by 29.4%, according to BlockShopper.com.

In December 2017, there were 24 homes sold, with a median sale price of $384,000 - a 17.2% increase over the $327,750 median sale price for the same period of the previous year. There were 34 homes sold in Libertyville in December 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 2.5%.

The following table compares Libertyville 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)
Barrington Hills31200%$437,500$465,000-5.9%
Barrington1012-16.7%$422,500$407,5003.7%
Green Oaks5425%$400,000$577,500-30.7%
Lake Barrington510-50%$395,000$354,25011.5%
Deerfield322433.3%$387,000$438,689.50-11.8%
Libertyville2434-29.4%$384,000$327,75017.2%
Buffalo Grove3039-23.1%$331,000$318,0004.1%
Mettawa31200%$325,000$625,000-48%
Horatio Gardens30-$320,000$0-
Wadsworth73133.3%$320,000$215,00048.8%
Lake Zurich211816.7%$310,000$321,500-3.6%

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