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Lake County Gazette

Monday, November 25, 2024

Knollwood home prices rise in June 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in June 2019 in Knollwood rose by $62,500 while total sales decreased by 25%, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $335,000 - a 22.9% increase over the $272,500 median sale price for the same period of the previous year. There were four homes sold in Knollwood in June 2018.

The median sales tax in Knollwood for the most recent year with available data, 2017, was $5,830, approximately 1.7% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Indian Creek110%$400,000$380,0005.3%
Barrington Hills110%$356,500$1,345,000-73.5%
Buffalo Grove5069-27.5%$342,750$365,000-6.1%
Vernon Hills4655-16.4%$340,625$325,9004.5%
Lake Zurich443815.8%$336,000$351,250-4.3%
Knollwood34-25%$335,000$272,50022.9%
Wadsworth10742.9%$327,500$360,000-9%
Barrington1320-35%$324,900$522,500-37.8%
Horatio Gardens3250%$310,000$247,50025.3%
Lake Barrington1332-59.4%$305,000$320,550-4.9%
Port Barrington110%$299,900$228,50031.2%

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