The median sale price of a home sold in the first half of 2022 in Lake Bluff rose by $88,000 while total sales increased by 450 percent, according to BlockShopper.com.
From January through June, there were 99 homes sold, with a median sale price of $620,000 - a 16.5 percent increase over the $532,000 median sale price for the same period of the previous year. There were 18 homes sold in Lake Bluff in the first half of 2021.
The median sales tax in Lake Bluff for the most recent year with available data, 2019, was $11,723, approximately 1.9 percent of the median home sale price for the first half of 2022.
The following table compares Lake Bluff 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) |
|---|---|---|---|---|---|---|
| Kildeer | 27 | 22 | 22.7 | $689,901 | $630,000 | 9.5 |
| Riverwoods | 42 | 19 | 121.1 | $675,250 | $610,000 | 10.7 |
| Green Oaks | 23 | 8 | 187.5 | $675,000 | $522,500 | 29.2 |
| Highland Park | 316 | 129 | 145 | $647,500 | $600,000 | 7.9 |
| Lincolnshire | 111 | 32 | 246.9 | $620,000 | $533,750 | 16.2 |
| Lake Bluff | 99 | 18 | 450 | $620,000 | $532,000 | 16.5 |
| Fox River Grove | 7 | 2 | 250 | $610,000 | $499,250 | 22.2 |
| Hawthorn Woods | 55 | 33 | 66.7 | $580,000 | $525,000 | 10.5 |
| Deer Park | 32 | 16 | 100 | $566,000 | $555,000 | 2 |
| Tower Lakes | 11 | 4 | 175 | $565,000 | $520,000 | 8.7 |
| Barrington | 87 | 44 | 97.7 | $515,000 | $506,600 | 1.7 |
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