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Lake County Gazette

Thursday, April 18, 2024

Barrington (Lake County) home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Barrington in Lake County fell by $47,700 while total sales decreased by 30.4%, according to BlockShopper.com.

In June 2017, there were 16 homes sold, with a median sale price of $442,500 - a 9.7% decrease over the $490,200 median sale price for the same period of the previous year. There were 23 homes sold in Barrington in June 2016.

The median sales tax in Barrington for 2017 was $9,827.59. In 2016, the median sales tax was $9,652.70. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Kildeer8633.3%$525,000$647,500-18.9%
Hawthorn Woods272222.7%$517,500$537,104.50-3.7%
North Barrington126100%$517,500$715,812.50-27.7%
Highland Park51494.1%$500,000$528,000-5.3%
Deerfield3947-17%$464,000$400,00016%
Barrington1623-30.4%$442,500$490,200-9.7%
Deer Park6520%$431,250$440,000-2%
Libertyville745827.6%$382,500$392,500-2.5%
Forest Lake42100%$340,000$128,750164.1%
Tower Lakes21100%$333,412.50$460,000-27.5%
Knollwood440%$331,917$238,75039%
* This story only considers sales data for the part of Barrington that is in Lake County.

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