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Lake County Gazette

Monday, November 25, 2024

Riverwoods home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Riverwoods rose by $30,000 while total sales increased by 100%, according to BlockShopper.com.

In June 2019, there were 10 homes sold, with a median sale price of $630,000 - a 5% increase over the $600,000 median sale price for the same period of the previous year. There were five homes sold in Riverwoods in June 2018.

The median sales tax in Riverwoods for the most recent year with available data, 2017, was $15,724, approximately 2.5% of the median home sale price for June 2019.

The following table compares Riverwoods 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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