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Lake County Gazette

Monday, November 25, 2024

Deer Park (Lake County) home prices rise in the second quarter of 2019

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the second quarter of 2019 in Deer Park in Lake County rose by $56,500 while total sales remained unchanged with 16 homes sold, according to BlockShopper.com.

From April through June of 2019, there were 16 homes sold, with a median sale price of $509,000 - a 12.5% increase over the $452,500 median sale price for the same period of the previous year. There were 16 homes sold in Deer Park in the second quarter of 2018, as well.

The median sales tax in Deer Park for the most recent year with available data, 2017, was $11,164, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Deer Park to other Lake County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Riverwoods161323.1%$672,500$615,0009.3%
Kildeer21210%$590,000$575,0002.6%
Green Oaks1721-19%$540,000$547,500-1.4%
Long Grove2852-46.2%$534,500$571,250-6.4%
North Barrington2410140%$512,500$520,000-1.4%
Deer Park16160%$509,000$452,50012.5%
Hawthorn Woods3751-27.5%$490,000$482,5001.6%
Highland Park120136-11.8%$473,750$476,250-0.5%
Barrington Hills5425%$465,226$1,028,750-54.8%
Lake Bluff433910.3%$465,000$528,500-12%
Deerfield133149-10.7%$416,000$440,000-5.5%
* This story only considers sales data for the part of Deer Park that is in Lake County.

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