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Lake County Gazette

Wednesday, November 27, 2024

Highwood home prices fall in December 2017

Re 14

The median sale price of a home sold in December 2017 in Highwood fell by $696 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In December 2017, there were four homes sold, with a median sale price of $211,250 - a 0.3% decrease over the $211,946 median sale price for the same period of the previous year. There were four homes sold in Highwood in December 2016, as well.

The median sales tax in Highwood for 2017 was $6,965.85. In 2016, the median sales tax was $6,705.10. 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 3.3%.

The following table compares Highwood 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)
Vernon Hills2452-53.8%$236,250$263,500-10.3%
Volo4333.3%$235,950$267,000-11.6%
Lake Villa181520%$225,200$260,000-13.4%
Antioch292231.8%$220,500$182,50020.8%
Grayslake2937-21.6%$219,000$164,00033.5%
Highwood440%$211,250$211,946-0.3%
Grandwood Park11683.3%$210,525$291,250-27.7%
Round Lake2228-21.4%$208,500$175,50018.8%
Ingleside Shore68-25%$204,500$155,00031.9%
Gurnee4252-19.2%$198,500$242,550-18.2%
Fox Lake1318-27.8%$198,000$96,750104.7%

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