From January through December of 2021, there were 271 homes sold, with a median sale price of $825,000 - a 10.9% increase over the $743,750 median sale price for the previous year. There were 368 homes sold in Lake Forest in 2020.
The median sales tax in Lake Forest for the most recent year with available data, 2019, was $14,491, approximately 1.8% of the median home sale price for 2021.
The following table compares Lake Forest to other Lake County cities with similar median sale prices in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Barrington Hills | 9 | 11 | -18.2% | $950,000 | $860,000 | 10.5% |
| Lake Forest | 271 | 368 | -26.4% | $825,000 | $743,750 | 10.9% |
| Bannockburn | 7 | 10 | -30% | $781,500 | $767,500 | 1.8% |
| North Barrington | 69 | 68 | 1.5% | $725,000 | $575,000 | 26.1% |
| Riverwoods | 54 | 46 | 17.4% | $722,200 | $604,500 | 19.5% |
| Long Grove | 113 | 135 | -16.3% | $700,000 | $583,000 | 20.1% |
| Mettawa | 22 | 14 | 57.1% | $677,500 | $523,500 | 29.4% |
| Kildeer | 66 | 67 | -1.5% | $653,500 | $550,000 | 18.8% |
| Green Oaks | 38 | 52 | -26.9% | $635,000 | $540,000 | 17.6% |
| Highland Park | 399 | 436 | -8.5% | $628,500 | $500,000 | 25.7% |
| Lake Bluff | 83 | 128 | -35.2% | $617,000 | $540,000 | 14.3% |
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