Home prices
The median home in Knollwood is valued at $324,100. This is roughly $200,860 (38%) lower in comparison to nearby areas.It is roughly $106,600 (49%) higher compared to the rest of the country, and compared to the city of Chicago it is roughly $66,100 (25%) higher.
Rents
In Knollwood the median rent is $1,545 per month. In comparison to the surrounding areas it is is very similar.It is approximately $483 (45%) higher compared to the entire nation, and is roughly $433 (38%) higher in comparison to the city of Chicago.
Nearby places
Lake Bluff
Lake Bluff is Knollwood's neighbor to the east. The real estate prices there are substantially more expensive. Lake Bluff's median home price is $642,700, which is $318,600 (49%) higher than Knollwood. The rent there is a bit more expensive. In Lake Bluff the median monthly rent is $2,146, which is $601 (28%) higher than Knollwood.
Green Oaks
Green Oaks is Knollwood's neighbor to the northwest. Its housing prices are a lot more expensive. The median home in Green Oaks costs $583,200, which works out to $259,100 (44%) higher than Knollwood. Rent there is a bit less expensive. In Green Oaks the median rent is $1,200 per month, which comes out to $345 (28%) lower than Knollwood.
Lake Forest
Lake Forest is Knollwood's neighbor to the south. The housing prices there are significantly more expensive. The median home in Lake Forest is valued at $842,900, which is $518,800 (61%) higher than Knollwood. Rents there are a little more expensive. Lake Forest's median monthly rent is $1,831, which comes out to $286 (15%) higher than Knollwood.
North Chicago
North Chicago is approximately 2 miles north from Knollwood. Real estate prices there are substantially less expensive. North Chicago's median home cost is $108,100, which comes out to $216,000 (199%) lower than Knollwood. The rent there is somewhat less expensive. North Chicago's median rent is $1,193 a month, which is $352 (29%) lower than Knollwood.
Libertyville
Libertyville is roughly 3 miles west of Knollwood. Its housing prices are somewhat more expensive. The median home in Libertyville is valued at $447,900, which comes out to $123,800 (27%) higher than Knollwood. Rents there are a little less expensive. In Libertyville the median monthly rent is $1,313, which comes out to $232 (17%) lower than Knollwood.