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Lake County Gazette

Monday, November 25, 2024

Barrington (Lake County) home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Barrington in Lake County fell by $121,250 while total sales decreased by 61.1%, according to BlockShopper.com.

In September 2017, there were seven homes sold, with a median sale price of $350,000 - a 25.7% decrease over the $471,250 median sale price for the same period of the previous year. There were 18 homes sold in Barrington in September 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 2.8%.

The following table compares 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)
Indian Creek10-$399,900$0-
Knollwood12-50%$395,000$324,00021.9%
Klondike10-$375,000$0-
Libertyville3844-13.6%$361,500$377,500-4.2%
Grandwood Park8714.3%$360,000$239,90050.1%
Barrington718-61.1%$350,000$471,250-25.7%
Buffalo Grove4355-21.8%$349,900$305,00014.7%
Bannockburn12-50%$338,470$781,250-56.7%
Mettawa110%$335,000$545,000-38.5%
Green Oaks12-50%$335,000$782,500-57.2%
Vernon Hills413420.6%$329,000$288,75013.9%
* This story only considers sales data for the part of Barrington that is in Lake County.

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