North Cook News

North Cook News

Tuesday, March 31, 2020

Q4 real estate sales report: Deer Lake

Real Estate

By Local Labs News Service | Mar 20, 2019

Re 12

Median prices rose in Deer Lake over last year, and are down 13.7 percent over 8 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 1 home sold in Deer Lake for a price of $585,000. That's 18.9 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Deer Lake.

Median property tax for homeowners in Deer Lake was $8,903.85 in 2017 according to tax data from that year. That means homeowners pay 1.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Deer Lake real estate: Q4 2011-2018
Properties sold
Median sale price
Change in sale price
2011
1
$678,000
-
2014
1
$654,550
-3.5%
2015
1
$503,500
-23.1%
2017
2
$491,895
-2.3%
2018
1
$585,000
18.9%

Median property tax
Median sale price
Effective property tax rate
2011
$14,512.87
$678,000
2.1%
2014
$11,845.96
$654,550
1.8%
2015
$9,187.16
$503,500
1.8%
2017
$8,903.84
$491,895
1.8%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News