From July through December of 2021, there were 12 homes sold, with a median sale price of $560,875 - a 34.3% increase over the $417,500 median sale price for the same period of the previous year. There were 10 homes sold in Tower Lakes in the second half of 2020.
The median sales tax in Tower Lakes for the most recent year with available data, 2019, was $11,070, approximately 2% of the median home sale price for the second half of 2021.
The following table compares Tower Lakes to other Lake County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Green Oaks | 30 | 30 | 0% | $645,000 | $565,000 | 14.2% |
| Highland Park | 270 | 254 | 6.3% | $630,500 | $532,500 | 18.4% |
| Lake Bluff | 65 | 63 | 3.2% | $629,000 | $544,000 | 15.6% |
| Deer Park | 26 | 36 | -27.8% | $590,000 | $562,500 | 4.9% |
| Hawthorn Woods | 56 | 48 | 16.7% | $580,000 | $472,000 | 22.9% |
| Tower Lakes | 12 | 10 | 20% | $560,875 | $417,500 | 34.3% |
| Lincolnshire | 73 | 63 | 15.9% | $520,000 | $485,000 | 7.2% |
| Barrington | 84 | 82 | 2.4% | $510,000 | $444,500 | 14.7% |
| Echo Lake | 4 | 9 | -55.6% | $509,950 | $358,500 | 42.2% |
| Fox River Grove | 9 | 2 | 350% | $472,000 | $530,500 | -11% |
| Deerfield | 204 | 179 | 14% | $447,500 | $447,900 | -0.1% |
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