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Lake County Gazette

Monday, November 25, 2024

North Barrington home prices rise in September 2017

Re 4

The median sale price of a home sold in September 2017 in North Barrington rose by $105,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In September 2017, there were five homes sold, with a median sale price of $500,000 - a 26.6% increase over the $395,000 median sale price for the same period of the previous year. There were six homes sold in North Barrington in September 2016.

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 2.9%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Long Grove8633.3%$618,022.50$669,500-7.7%
Riverwoods990%$527,450$565,000-6.6%
Highland Park393511.4%$520,000$549,000-5.3%
Lincolnshire12933.3%$512,500$447,00014.7%
Hawthorn Woods11110%$504,489$515,000-2%
North Barrington56-16.7%$500,000$395,00026.6%
Deer Park84100%$440,000$400,00010%
Deerfield2639-33.3%$426,145$440,000-3.1%
Third Lake12-50%$415,000$349,00018.9%
Indian Creek10-$399,900$0-
Knollwood12-50%$395,000$324,00021.9%

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