Long Grove home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Long Grove fell by $107,500 while total sales decreased by 10%, according to BlockShopper.com.

In January 2020, there were nine homes sold, with a median sale price of $510,000 - a 17.4% decrease over the $617,500 median sale price for the same period of the previous year. There were 10 homes sold in Long Grove in January 2019.

The median sales tax in Long Grove for the most recent year with available data, 2017, was $18,468, approximately 3.6% of the median home sale price for January 2020.

The following table compares Long Grove 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)
Lake Forest
25
19
31.6%
$750,000
$929,000
-19.3%
Barrington Hills
1
1
0%
$710,000
$875,000
-18.9%
Riverwoods
1
1
0%
$647,000
$525,000
23.2%
Lincolnshire
9
1
800%
$592,500
$366,500
61.7%
Hawthorn Woods
8
3
166.7%
$534,289.50
$457,222
16.9%
Long Grove
9
10
-10%
$510,000
$617,500
-17.4%
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%

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