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Lake County Gazette

Monday, November 4, 2024

Q2 real estate sales report: Barrington Hills

Realestate3

Median prices declined in Barrington Hills over last year, and are down 26.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 22 homes sold in Barrington Hills for a median price of $475,500. That's 26.9 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Barrington Hills were in foreclosure.

Median property tax for homeowners in Barrington Hills was $17,693.04 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.

Barrington Hills real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$644,085
-
2010
7
$570,000
-11.5%
2011
13
$635,625
11.5%
2012
16
$726,213
14.3%
2013
10
$445,500
-38.7%
2014
22
$643,950
44.5%
2015
13
$911,600
41.6%
2016
13
$666,750
-26.9%
2017
18
$650,250
-2.5%
2018
22
$475,500
-26.9%

Median property tax
Median sale price
Effective property tax rate
2009
$15,685.59
$644,085
2.4%
2010
$14,998.47
$570,000
2.6%
2011
$17,262.07
$635,625
2.7%
2012
$18,290.41
$726,213
2.5%
2013
$13,160.31
$445,500
3%
2014
$19,286.21
$643,950
3%
2015
$22,448.27
$911,600
2.5%
2016
$17,662.74
$666,750
2.6%
2017
$17,693.03
$650,250
2.7%

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