Lake Bluff home prices rose in the first half of 2022

Medium realestate5

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

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:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Green Oaks238187.5$675,000$522,50029.2
Highland Park316129145$647,500$600,0007.9
Lake Bluff9918450$620,000$532,00016.5
Fox River Grove72250$610,000$499,25022.2
Hawthorn Woods553366.7$580,000$525,00010.5
Deer Park3216100$566,000$555,0002
Tower Lakes114175$565,000$520,0008.7

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