Photo: AlphaBeta135 · CC BY 4.021 homes sold in Knollwood in the last year, at a typical $563K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Knollwood homes are listed.
Every place Knollwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Knollwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 87% of Knollwood’s sales, at a typical $517K (year to May 2026)
21 homes sold in the year to September 2026.
typical sale · 20 sold in the year to May 2026
- Per square foot
- $257IL $180
- Days to sell
- 74
- Sold over asking
- 50%
- Listings with a price cut
- 30%
Townhouses: 2 sold, typical $233K
Condos: 1 sold, typical $236K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
21 sales in the last year, against 40 in 2021 and a low of 17 in 2024. The typical sale went from $324K in 2016 to $563K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $550K buys in Knollwood
Check a listing against what Knollwood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Knollwood home costs about $3,785 a month
Price: Knollwood’s typical sale, last 12 months. Property tax at Knollwood’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Knollwood is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $563K home, about $10,170 a year.
Taxes vs. neighborsSchools
The schools grade for Knollwood, from test results, graduation and how much students grow.
Schools in KnollwoodTypical commute
The average one-way trip to work for people who live in Knollwood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Green Oaks, North Chicago, Libertyville and Vernon Hills sell for less a square foot; Lake Bluff and Lake Forest for far more
The busier markets within 25 miles of Knollwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Vernon Hills | 313 | $456K | $240 | 38% | 51 |
| Lake Forest | 284 | $1.3M | $382 | 39% | 57 |
| Libertyville | 274 | $635K | $284 | 45% | 47 |
| Lake Bluff | 103 | $1.2M | $413 | 41% | 63 |
| North Chicago | 90 | $245K | $175 | 39% | 62 |
| Green Oaks | 43 | $876K | $284 | 45% | 55 |
| Knollwood | 21 | $563K | $302 | 47% | 79 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Knollwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Knollwood. People who follow the town see it, and so do people comparing Knollwood with their own town. No commission, no listing fee.
Questions about buying a home in Knollwood
What do homes sell for in Knollwood, IL?
21 homes sold in the year to September 2026 at a typical $563K, $302 a square foot.
Is Knollwood a buyer’s or seller’s market?
A balanced market: 5 homes were for sale in September 2026 and 1 sold, about 5 months of supply. Buyers paid 100.6% of asking on average.
How much are property taxes in Knollwood?
About 1.8% of a home’s value a year. On a $563K home that’s near $10,170.
Where can I see homes for sale in Knollwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Knollwood’s MLS listings; the search links above open each one filtered to Knollwood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).