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Lake County Gazette

Tuesday, November 26, 2024

Rising home prices in Deer Park (Lake County) in the first half of 2022

Realestate5

The median sale price of a home sold in the first half of 2022 in Deer Park in Lake County rose by $11,000 while total sales increased by 100 percent, according to BlockShopper.com.

From January through June, there were 32 homes sold, with a median sale price of $566,000 - a two percent increase over the $555,000 median sale price for the same period of the previous year. There were 16 homes sold in Deer Park in the first half of 2021.

The median sales tax in Deer Park for the most recent year with available data, 2019, was $11,403, approximately two percent of the median home sale price for the first half of 2022.

The following table compares Deer Park to other Lake County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Highland Park316129145$647,500$600,0007.9
Lincolnshire11132246.9$620,000$533,75016.2
Lake Bluff9918450$620,000$532,00016.5
Fox River Grove72250$610,000$499,25022.2
Hawthorn Woods553366.7$580,000$525,00010.5
Deer Park3216100$566,000$555,0002
Tower Lakes114175$565,000$520,0008.7
Barrington874497.7$515,000$506,6001.7
Deerfield283103174.8$500,000$455,0009.9
Libertyville29693218.3$448,500$393,00014.1
Indian Creek6450$441,250$380,75015.9
* This story only considers sales data for the part of Deer Park that is in Lake County.

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