From July to September, 50 homes sold in Lake Barrington for a median price of $332,500. That's 3.8 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 2 homes in Lake Barrington were in foreclosure.
Median property tax for homeowners in Lake Barrington was $5,884.01 in 2017 according to tax data from that year. That means homeowners pay 1.8 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
25
$479,700
-
2010
24
$292,125
-39.1%
2011
12
$500,590
71.4%
2012
31
$277,950
-44.5%
2013
45
$285,120
2.6%
2014
29
$296,800
4.1%
2015
45
$328,600
10.7%
2016
57
$267,750
-18.5%
2017
54
$320,280
19.6%
2018
50
$332,500
3.8%
Median property tax
Median sale price
Effective property tax rate
2009
$8,609.85
$479,700
1.8%
2010
$6,243.83
$292,125
2.1%
2011
$10,582.57
$500,590
2.1%
2012
$7,661.78
$277,950
2.8%
2013
$6,691.28
$285,120
2.3%
2014
$6,130.93
$296,800
2.1%
2015
$6,788.73
$328,600
2.1%
2016
$5,296.55
$267,750
2%
2017
$5,884.01
$320,280
1.8%
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