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Lake County Gazette

Monday, November 25, 2024

North Barrington home prices fall in February 2017

Re 4

The median sale price of a home sold in February 2017 in North Barrington fell by $6,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In February 2017, there were three homes sold, with a median sale price of $845,000 - a 0.7% decrease over the $851,000 median sale price for the same period of the previous year. There were three homes sold in North Barrington in February 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 1.7%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Lake Forest714-50%$980,000$691,75041.7%
North Barrington330%$845,000$851,000-0.7%
Kildeer57-28.6%$786,950$549,00043.3%
Lake Bluff770%$727,500$565,00028.8%
Wadsworth14-75%$575,000$283,000103.2%
Long Grove6520%$565,000$450,00025.6%
Hawthorn Woods10100%$505,500$506,387.50-0.2%
Riverwoods83166.7%$503,750$630,000-20%
Deer Park40-$501,250$0-
Barrington Hills10-$482,500$0-
Deerfield201533.3%$459,000$314,00046.2%

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