From January through December of 2017, there were 484 homes sold, with a median sale price of $497,500 - a 5% decrease over the $523,500 median sale price for the previous year. There were 416 homes sold in Highland Park in 2016.
The median sales tax in Highland Park for 2017 was $12,813. In 2016, the median sales tax was $12,454. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Highland Park to other Lake County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Barrington | 68 | 61 | 11.5% | $549,500 | $567,500 | -3.2% |
| Green Oaks | 51 | 49 | 4.1% | $542,000 | $545,000 | -0.6% |
| Fox River Grove | 6 | 12 | -50% | $520,000 | $456,250 | 14% |
| Mettawa | 13 | 7 | 85.7% | $500,000 | $580,000 | -13.8% |
| Hawthorn Woods | 157 | 151 | 4% | $499,356 | $500,000 | -0.1% |
| Highland Park | 484 | 416 | 16.3% | $497,500 | $523,500 | -5% |
| Deer Park | 71 | 36 | 97.2% | $480,000 | $455,000 | 5.5% |
| Lincolnshire | 160 | 120 | 33.3% | $441,250 | $474,000 | -6.9% |
| Tower Lakes | 23 | 19 | 21.1% | $427,000 | $426,000 | 0.2% |
| Barrington | 141 | 147 | -4.1% | $420,000 | $426,000 | -1.4% |
| Deerfield | 350 | 361 | -3% | $417,500 | $400,000 | 4.4% |
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