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Lake County Gazette

Monday, November 25, 2024

Vernon Hills home prices rise in June 2019

Realestate077

The median sale price of a home sold in June 2019 in Vernon Hills rose by $14,725 while total sales decreased by 16.4%, according to BlockShopper.com.

In June 2019, there were 46 homes sold, with a median sale price of $340,625 - a 4.5% increase over the $325,900 median sale price for the same period of the previous year. There were 55 homes sold in Vernon Hills in June 2018.

The median sales tax in Vernon Hills for the most recent year with available data, 2017, was $8,241, approximately 2.4% of the median home sale price for June 2019.

The following table compares Vernon Hills 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)
Tower Lakes24-50%$407,500$447,750-9%
Deer Park34-25%$405,000$500,000-19%
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%

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