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Lake County Gazette

Thursday, November 28, 2024

Port Barrington (Lake County) home prices rise in 2017

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The median sale price of a home sold in 2017 in Port Barrington in Lake County rose by $21,000 while total sales decreased by 71.4%, according to BlockShopper.com.

From January through December of 2017, there were four homes sold, with a median sale price of $287,500 - a 7.9% increase over the $266,500 median sale price for the previous year. There were 14 homes sold in Port Barrington in 2016.

The median sales tax in Port Barrington for 2017 was $8,120. In 2016, the median sales tax was $7,732. This marks an increase of 5%. 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 Port Barrington to other Lake County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lake Barrington1681623.7%$315,000$270,00016.7%
Horatio Gardens211275%$310,000$278,25011.4%
Harris Corners8714.3%$307,000$202,31751.7%
Vernon Hills5364948.5%$305,500$310,000-1.5%
Knollwood2329-20.7%$305,000$248,00023%
Port Barrington414-71.4%$287,500$266,5007.9%
Forest Lake2732-15.6%$280,000$256,0009.4%
Wadsworth62620%$277,500$297,500-6.7%
Third Lake23230%$252,900$224,00012.9%
Volo40400%$235,000$255,000-7.8%
Gurnee5825339.2%$234,994.50$215,0009.3%
* This story only considers sales data for the part of Port Barrington that is in Lake County.

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