Quantcast

Lake County Gazette

Friday, November 22, 2024

How did home prices perform in Knollwood during the first half of 2022?

Re 4

The median sale price of a home sold in the first half of 2022 in Knollwood rose by $78,250 while total sales increased by 100 percent, according to BlockShopper.com.

From January through June, there were 12 homes sold, with a median sale price of $408,750 - a 23.7 percent increase over the $330,500 median sale price for the same period of the previous year. There were six homes sold in Knollwood in the first half of 2021.

The median sales tax in Knollwood for the most recent year with available data, 2019, was $6,064, approximately 1.5 percent of the median home sale price for the first half of 2022.

The following table compares Knollwood 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)
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
Lake Zurich17575133.3$378,000$332,00013.9
Highwood251478.6$360,000$319,50012.7
Port Barrington42100$358,250$378,500-5.4

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS