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Lake County Gazette

Monday, November 25, 2024

Lake Bluff home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Lake Bluff fell by $167,500 while total sales increased by 16.7%, according to BlockShopper.com.

In June 2019, there were 21 homes sold, with a median sale price of $465,000 - a 26.5% decrease over the $632,500 median sale price for the same period of the previous year. There were 18 homes sold in Lake Bluff in June 2018.

The median sales tax in Lake Bluff for the most recent year with available data, 2017, was $11,235, approximately 2.4% of the median home sale price for June 2019.

The following table compares Lake Bluff 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)
Kildeer124200%$554,500$448,50023.6%
Highland Park4353-18.9%$516,000$520,000-0.8%
Green Oaks210-80%$509,000$560,000-9.1%
Lincolnshire914-35.7%$500,000$392,00027.6%
Hawthorn Woods14140%$481,500$491,529-2%
Lake Bluff211816.7%$465,000$632,500-26.5%
North Barrington81700%$429,000$650,000-34%
Libertyville584723.4%$421,500$428,000-1.5%
Deerfield604533.3%$413,500$470,000-12%
Tower Lakes24-50%$407,500$447,750-9%
Deer Park34-25%$405,000$500,000-19%

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