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Lake County Gazette

Wednesday, December 4, 2024

North Barrington home prices rise in January 2017

Re 9

The median sale price of a home sold in January 2017 in North Barrington rose by $188,750 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $525,000 - a 56.1% increase over the $336,250 median sale price for the same period of the previous year. There were six homes sold in North Barrington in January 2016, as well.

The median sales tax in North Barrington for 2017 was $14,282.97. In 2016, the median sales tax was $14,344.80. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares North Barrington to other Lake County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Bannockburn10-$725,000$0-
Riverwoods63100%$656,000$665,000-1.4%
Lake Forest1114-21.4%$644,000$734,500-12.3%
Long Grove62200%$630,000$683,750-7.9%
Highland Park302711.1%$611,487.50$497,50022.9%
North Barrington660%$525,000$336,25056.1%
Kildeer42100%$513,500$557,750-7.9%
Hawthorn Woods67-14.3%$462,500$469,593-1.5%
Deer Park3250%$460,000$471,500-2.4%
Highwood110%$450,000$330,00036.4%
Tower Lakes330%$427,000$400,0006.8%

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