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Lake County Gazette

Monday, November 25, 2024

Long Grove home prices rise in June 2019

Realestate077

The median sale price of a home sold in June 2019 in Long Grove rose by $17,500 while total sales decreased by 52.2%, according to BlockShopper.com.

In June 2019, there were 11 homes sold, with a median sale price of $595,000 - a 3% increase over the $577,500 median sale price for the same period of the previous year. There were 23 homes sold in Long Grove in June 2018.

The median sales tax in Long Grove for the most recent year with available data, 2017, was $18,468, approximately 3.1% of the median home sale price for June 2019.

The following table compares Long Grove 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)
Bannockburn10-$2,800,000$0-
Highwood15-80%$805,000$362,000122.4%
Lake Forest3247-31.9%$732,500$805,000-9%
Riverwoods105100%$630,000$600,0005%
Long Grove1123-52.2%$595,000$577,5003%
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%

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