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Lake County Gazette

Friday, November 22, 2024

Pricing for the median home in Indian Creek increased during the first half of 2022

Realestate1

The median sale price of a home sold in the first half of 2022 in Indian Creek rose by $60,500 while total sales increased by 50 percent, according to BlockShopper.com.

From January through June, there were six homes sold, with a median sale price of $441,250 - a 15.9 percent increase over the $380,750 median sale price for the same period of the previous year. There were four homes sold in Indian Creek in the first half of 2021.

The median sales tax in Indian Creek for the most recent year with available data, 2019, was $10,255, approximately 2.3 percent of the median home sale price for the first half of 2022.

The following table compares Indian Creek 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)
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
Lake Barrington11351121.6$435,000$360,00020.8
Wadsworth4910390$416,000$365,00014
Knollwood126100$408,750$330,50023.7
Buffalo Grove30496216.7$396,500$362,5009.4
Horatio Gardens62200$387,500$381,0001.7

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