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Lake County Gazette

Wednesday, November 27, 2024

Hawthorn Woods home prices rise in the second half of 2017

Realestate077

The median sale price of a home sold in the second half of 2017 in Hawthorn Woods rose by $7,183 while total sales decreased by 11.3%, according to BlockShopper.com.

From July through December of 2017, there were 71 homes sold, with a median sale price of $497,183 - a 1.5% increase over the $490,000 median sale price for the same period of the previous year. There were 80 homes sold in Hawthorn Woods in the second half of 2016.

The median sales tax in Hawthorn Woods for 2017 was $12,053. In 2016, the median sales tax was $11,851. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Hawthorn Woods to other Lake County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Bannockburn68-25%$600,000$790,000-24.1%
Lake Bluff64623.2%$586,750$482,50021.6%
Fox River Grove45-20%$532,500$483,00010.2%
North Barrington333010%$530,000$547,500-3.2%
Highland Park25021217.9%$501,250$531,250-5.6%
Hawthorn Woods7180-11.3%$497,183$490,0001.5%
Lincolnshire7578-3.8%$485,000$487,375-0.5%
Deer Park382458.3%$483,500$427,50013.1%
Green Oaks24234.3%$472,500$555,000-14.9%
Barrington Hills4333.3%$446,250$525,000-15%
Cary13944.4%$444,000$217,000104.6%

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