From January through June, there were 287 homes sold, with a median sale price of $342,000 - a 10.3 percent increase over the $310,000 median sale price for the same period of the previous year. There were 80 homes sold in Vernon Hills in the first half of 2021.
The median sales tax in Vernon Hills for the most recent year with available data, 2019, was $8,720, approximately 2.5 percent of the median home sale price for the first half of 2022.
The following table compares Vernon Hills to other Lake County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Horatio Gardens | 6 | 2 | 200 | $387,500 | $381,000 | 1.7 |
| Lake Zurich | 175 | 75 | 133.3 | $378,000 | $332,000 | 13.9 |
| Highwood | 25 | 14 | 78.6 | $360,000 | $319,500 | 12.7 |
| Port Barrington | 4 | 2 | 100 | $358,250 | $378,500 | -5.4 |
| Volo | 12 | 7 | 71.4 | $342,500 | $295,000 | 16.1 |
| Vernon Hills | 287 | 80 | 258.8 | $342,000 | $310,000 | 10.3 |
| Forest Lake | 19 | 8 | 137.5 | $335,000 | $373,750 | -10.4 |
| Gurnee | 307 | 110 | 179.1 | $310,000 | $306,000 | 1.3 |
| Lake Villa | 123 | 38 | 223.7 | $305,000 | $289,500 | 5.4 |
| Third Lake | 12 | 4 | 200 | $305,000 | $447,500 | -31.8 |
| Park City | 5 | 0 | - | $300,000 | $0 | - |
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