Quantcast

Lake County Gazette

Wednesday, November 27, 2024

North Barrington home prices rise in December 2017

Re 7

The median sale price of a home sold in December 2017 in North Barrington rose by $44,500 while total sales increased by 66.7%, according to BlockShopper.com.

In December 2017, there were five homes sold, with a median sale price of $607,500 - a 7.9% increase over the $563,000 median sale price for the same period of the previous year. There were three homes sold in North Barrington in December 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 2.4%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Lake Forest1325-48%$895,000$672,50033.1%
Riverwoods14-75%$635,800$671,750-5.4%
Long Grove7616.7%$633,000$585,0008.2%
Lake Bluff39-66.7%$620,000$510,00021.6%
North Barrington5366.7%$607,500$563,0007.9%
Kildeer45-20%$598,500$460,00030.1%
Highland Park41402.5%$532,000$474,95012%
Deer Park67-14.3%$500,000$389,00028.5%
Lincolnshire911-18.2%$485,000$372,50030.2%
Cary21100%$485,000$262,00085.1%
Hawthorn Woods1112-8.3%$480,000$493,960-2.8%

MORE NEWS