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Lake County Gazette

Thursday, November 28, 2024

Kildeer home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Kildeer fell by $12,000 while total sales increased by 15.4%, according to BlockShopper.com.

From January through March of 2017, there were 15 homes sold, with a median sale price of $537,000 - a 2.2% decrease over the $549,000 median sale price for the same period of the previous year. There were 13 homes sold in Kildeer in the first quarter of 2016.

The median sales tax in Kildeer for 2017 was $15,393.01. In 2016, the median sales tax was $15,331.20. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Kildeer to other Lake County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Lake Forest3847-19.1%$707,500$725,000-2.4%
Bannockburn20-$672,500$0-
North Barrington14140%$652,500$558,899.5016.7%
Long Grove201353.8%$621,500$495,00025.6%
Riverwoods181163.6%$617,500$550,00012.3%
Kildeer151315.4%$537,000$549,000-2.2%
Mettawa31200%$500,000$580,000-13.8%
Hawthorn Woods312810.7%$478,796$509,321.50-6%
Deer Park124200%$470,000$511,500-8.1%
Cary25-60%$465,250$285,00063.2%
Highland Park968315.7%$432,500$497,500-13.1%

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