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Lake County Gazette

Friday, April 26, 2024

Lake Forest home prices fall in April 2019

Re 12

The median sale price of a home sold in April 2019 in Lake Forest fell by $77,500 while total sales increased by 35%, according to BlockShopper.com.

In April 2019, there were 27 homes sold, with a median sale price of $750,000 - a 9.4% decrease over the $827,500 median sale price for the same period of the previous year. There were 20 homes sold in Lake Forest in April 2018.

The median sales tax in Lake Forest for the most recent year with available data, 2017, was $14,241, approximately 1.9% of the median home sale price for April 2019.

The following table compares Lake Forest to other Lake County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Riverwoods24-50%$873,750$636,50037.3%
Barrington Hills3250%$795,000$1,028,750-22.7%
Lake Forest272035%$750,000$827,500-9.4%
Green Oaks56-16.7%$660,000$468,80040.8%
Kildeer38-62.5%$595,000$547,5008.7%
Long Grove10742.9%$527,450$630,000-16.3%
Deer Park7540%$518,000$450,00015.1%
Hawthorn Woods817-52.9%$515,944$451,81814.2%
North Barrington7540%$515,000$500,0003%
Libertyville3144-29.5%$485,000$400,00021.3%
Highland Park3139-20.5%$465,100$420,00010.7%

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