Highland Park home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Highland Park fell by $55,000 while total sales increased by 19%, according to BlockShopper.com.

In January 2020, there were 25 homes sold, with a median sale price of $370,000 - a 12.9% decrease over the $425,000 median sale price for the same period of the previous year. There were 21 homes sold in Highland Park in January 2019.

The median sales tax in Highland Park for the most recent year with available data, 2017, was $12,813, approximately 3.5% of the median home sale price for January 2020.

The following table compares Highland Park to other Lake County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Barrington
12
11
9.1%
$461,000
$354,000
30.2%
Lake Bluff
10
6
66.7%
$443,750
$442,210.50
0.3%
Green Oaks
5
1
400%
$432,500
$420,000
3%
Mettawa
1
0
-
$407,000
$0
-
Kildeer
2
4
-50%
$380,063
$556,500
-31.7%
Highland Park
25
21
19%
$370,000
$425,000
-12.9%
Fox River Grove
1
0
-
$364,900
$0
-
Libertyville
21
22
-4.5%
$330,000
$320,670
2.9%
Deer Park
1
1
0%
$318,000
$400,000
-20.5%
Port Barrington
1
2
-50%
$316,500
$294,500
7.5%
Volo
3
1
200%
$292,000
$227,500
28.4%

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