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Lake County Gazette

Friday, October 24, 2025

How did home prices perform in Bannockburn during 2021?

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The median sale price of a home sold in 2021 in Bannockburn rose by $14,000 while total sales decreased by 30%, according to BlockShopper.com.

From January through December of 2021, there were seven homes sold, with a median sale price of $781,500 - a 1.8% increase over the $767,500 median sale price for the previous year. There were 10 homes sold in Bannockburn in 2020.

The median sales tax in Bannockburn for the most recent year with available data, 2019, was $20,125, approximately 2.6% of the median home sale price for 2021.

The following table compares Bannockburn to other Lake County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Barrington Hills911-18.2%$950,000$860,00010.5%
Lake Forest271368-26.4%$825,000$743,75010.9%
Bannockburn710-30%$781,500$767,5001.8%
North Barrington69681.5%$725,000$575,00026.1%
Riverwoods544617.4%$722,200$604,50019.5%
Long Grove113135-16.3%$700,000$583,00020.1%
Mettawa221457.1%$677,500$523,50029.4%
Kildeer6667-1.5%$653,500$550,00018.8%
Green Oaks3852-26.9%$635,000$540,00017.6%
Highland Park399436-8.5%$628,500$500,00025.7%
Lake Bluff83128-35.2%$617,000$540,00014.3%

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