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Lake County Gazette

Monday, November 25, 2024

Lake Barrington home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Lake Barrington fell by $15,550 while total sales decreased by 59.4%, according to BlockShopper.com.

In June 2019, there were 13 homes sold, with a median sale price of $305,000 - a 4.9% decrease over the $320,550 median sale price for the same period of the previous year. There were 32 homes sold in Lake Barrington in June 2018.

The median sales tax in Lake Barrington for the most recent year with available data, 2017, was $7,188, approximately 2.4% of the median home sale price for June 2019.

The following table compares Lake Barrington to other Lake County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Lake Zurich443815.8%$336,000$351,250-4.3%
Knollwood34-25%$335,000$272,50022.9%
Wadsworth10742.9%$327,500$360,000-9%
Barrington1320-35%$324,900$522,500-37.8%
Horatio Gardens3250%$310,000$247,50025.3%
Lake Barrington1332-59.4%$305,000$320,550-4.9%
Port Barrington110%$299,900$228,50031.2%
Harris Corners10-$299,000$0-
Forest Lake12-50%$295,000$236,00025%
Gages Lake2325-8%$293,000$185,00058.4%
Cary41300%$288,750$483,000-40.2%

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