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Lake County Gazette

Thursday, December 19, 2024

Port Barrington (McHenry County) home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Port Barrington in McHenry County fell by $2,500 while total sales decreased by 25%, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $275,000 - a 0.9% decrease over the $277,500 median sale price for the same period of the previous year. There were four homes sold in Port Barrington in May 2016.

The median sales tax in Port Barrington for 2017 was $7,088.54. In 2016, the median sales tax was $6,868.50. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Port Barrington to other McHenry County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills31200%$600,000$560,0007.1%
Trout Valley10-$420,000$0-
Prairie Grove46-33.3%$382,512.50$327,75016.7%
Lakewood813-38.5%$316,000$320,000-1.3%
Bull Valley41300%$301,250$475,000-36.6%
Port Barrington34-25%$275,000$277,500-0.9%
Spring Grove14875%$272,500$267,5001.9%
Huntley574139%$255,000$220,00015.9%
Cary2835-20%$238,750$232,5002.7%
Burtons Bridge10-$237,500$0-
Algonquin493063.3%$233,000$225,7503.2%
* This story only considers sales data for the part of Port Barrington that is in McHenry County.

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