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Lake County Gazette

Wednesday, November 27, 2024

Deer Park (Lake County) home prices rise in 2017

Realestate1

The median sale price of a home sold in 2017 in Deer Park in Lake County rose by $25,000 while total sales increased by 97.2%, according to BlockShopper.com.

From January through December of 2017, there were 71 homes sold, with a median sale price of $480,000 - a 5.5% increase over the $455,000 median sale price for the previous year. There were 36 homes sold in Deer Park in 2016.

The median sales tax in Deer Park for 2017 was $11,164. In 2016, the median sales tax was $11,210. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Deer Park to other Lake County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Green Oaks51494.1%$542,000$545,000-0.6%
Fox River Grove612-50%$520,000$456,25014%
Mettawa13785.7%$500,000$580,000-13.8%
Hawthorn Woods1571514%$499,356$500,000-0.1%
Highland Park48441616.3%$497,500$523,500-5%
Deer Park713697.2%$480,000$455,0005.5%
Lincolnshire16012033.3%$441,250$474,000-6.9%
Tower Lakes231921.1%$427,000$426,0000.2%
Barrington141147-4.1%$420,000$426,000-1.4%
Deerfield350361-3%$417,500$400,0004.4%
Cary19190%$413,500$285,00045.1%
* This story only considers sales data for the part of Deer Park that is in Lake County.

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