From April to June, 58 homes sold in Lake Barrington for a median price of $312,450. That's 9.7 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 1 home in Lake Barrington was in foreclosure.
Median property tax for homeowners in Lake Barrington was $7,031.22 in 2017 according to tax data from that year. That means homeowners pay 2 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.
Lake Barrington real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$468,585
-
2010
21
$438,900
-6.3%
2011
20
$432,225
-1.5%
2012
25
$408,750
-5.4%
2013
29
$232,200
-43.2%
2014
30
$217,300
-6.4%
2015
41
$397,500
82.9%
2016
49
$262,500
-34%
2017
52
$346,035
31.8%
2018
58
$312,450
-9.7%
Median property tax
Median sale price
Effective property tax rate
2009
$8,166.78
$468,585
1.7%
2010
$7,927.35
$438,900
1.8%
2011
$8,697.66
$432,225
2%
2012
$9,289.44
$408,750
2.3%
2013
$5,703.92
$232,200
2.5%
2014
$5,282.66
$217,300
2.4%
2015
$9,250.07
$397,500
2.3%
2016
$5,718.48
$262,500
2.2%
2017
$7,031.22
$346,035
2%
Alerts Sign-up