From October to December, 25 homes sold in Lake Barrington for a median price of $366,000. That's 27.2 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Lake Barrington.
Median property tax for homeowners in Lake Barrington was $5,930.71 in 2017 according to tax data from that year. That means homeowners pay 2.1 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$297,180
-
2010
16
$330,600
11.2%
2011
16
$219,050
-33.7%
2012
27
$283,400
29.4%
2013
38
$244,890
-13.6%
2014
25
$220,480
-10%
2015
31
$277,720
26%
2016
34
$301,875
8.7%
2017
38
$287,640
-4.7%
2018
25
$366,000
27.2%
Median property tax
Median sale price
Effective property tax rate
2009
$5,659.05
$297,180
1.9%
2010
$6,977.19
$330,600
2.1%
2011
$6,310.24
$219,050
2.9%
2012
$7,714.62
$283,400
2.7%
2013
$5,552.93
$244,890
2.3%
2014
$5,337.78
$220,480
2.4%
2015
$5,774.44
$277,720
2.1%
2016
$6,303.25
$301,875
2.1%
2017
$5,930.70
$287,640
2.1%
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