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Lake County Gazette

Wednesday, November 27, 2024

Barrington (Lake County) home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Barrington in Lake County rose by $15,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In December 2017, there were 10 homes sold, with a median sale price of $422,500 - a 3.7% increase over the $407,500 median sale price for the same period of the previous year. There were 12 homes sold in Barrington in December 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 2.3%.

The following table compares 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)
Cary21100%$485,000$262,00085.1%
Hawthorn Woods1112-8.3%$480,000$493,960-2.8%
Third Lake10-$460,000$0-
Bannockburn110%$455,910$830,000-45.1%
Barrington Hills31200%$437,500$465,000-5.9%
Barrington1012-16.7%$422,500$407,5003.7%
Green Oaks5425%$400,000$577,500-30.7%
Lake Barrington510-50%$395,000$354,25011.5%
Deerfield322433.3%$387,000$438,689.50-11.8%
Libertyville2434-29.4%$384,000$327,75017.2%
Buffalo Grove3039-23.1%$331,000$318,0004.1%
* This story only considers sales data for the part of Barrington that is in Lake County.

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