Real Estate
Grayslake Home Prices Down
The Chicago area housing market appears to be rebounding for the majority of suburbs, Grayslake not included.
Crain's Chicago Business has published an interactive map where residents can check by zipcode if home prices are going up or down.
In Grayslake, the 2012 median single-family home price was $165,000, down 0.5 percent from 2011.
The cost of a home in Grayslake is 31.4 percent less than it was five years ago, according to price indexes computed by Case-Shiller CoreLogic.
Nearby, the one-year change in home prices increased 1.5 percent in Round Lake, 1.4 percent in Gurnee, 3.2 percent in Libertyville and 3.1 percent in Vernon Hills. In Lake Villa, prices were down 0.8 percent.
The Chicago suburb that saw the biggest increase in home prices was Austin at 16 percent, while Palos Park experienced the biggest decrease at 6.2 percent, according to Crain's.
Check out Crain's interactive map to see how other area suburbs compare and to learn more about home prices throughout the area.
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