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Lake County Gazette

Tuesday, April 23, 2024

Long Grove home prices fall in April 2019

Re 9

The median sale price of a home sold in April 2019 in Long Grove fell by $102,550 while total sales increased by 42.9%, according to BlockShopper.com.

In April 2019, there were 10 homes sold, with a median sale price of $527,450 - a 16.3% decrease over the $630,000 median sale price for the same period of the previous year. There were seven homes sold in Long Grove in April 2018.

The median sales tax in Long Grove for the most recent year with available data, 2017, was $18,468, approximately 3.5% of the median home sale price for April 2019.

The following table compares Long Grove 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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