The median sale price of a home sold in January 2020 in Lake Forest fell by $179,000 while total sales increased by 31.6%, according to BlockShopper.com.
In January 2020, there were 25 homes sold, with a median sale price of $750,000 - a 19.3% decrease over the $929,000 median sale price for the same period of the previous year. There were 19 homes sold in Lake Forest in January 2019.
The median sales tax in Lake Forest for the most recent year with available data, 2017, was $14,241, approximately 1.9% of the median home sale price for January 2020.
The following table compares Lake Forest 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) |
|---|---|---|---|---|---|---|
| Bannockburn | 1 | 2 | -50% | $874,500 | $599,000 | 46% |
| North Barrington | 6 | 2 | 200% | $872,500 | $472,500 | 84.7% |
| 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% |
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