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Lake County Gazette

Friday, November 22, 2024

Home prices increased in Barrington (Lake County) during the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Barrington in Lake County rose by $8,400 while total sales increased by 97.7 percent, according to BlockShopper.com.

From January through June, there were 87 homes sold, with a median sale price of $515,000 - a 1.7 percent increase over the $506,600 median sale price for the same period of the previous year. There were 44 homes sold in Barrington in the first half of 2021.

The median sales tax in Barrington for the most recent year with available data, 2019, was $10,315, approximately two percent of the median home sale price for the first half of 2022.

The following table compares Barrington to other Lake County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Lake Bluff9918450$620,000$532,00016.5
Fox River Grove72250$610,000$499,25022.2
Hawthorn Woods553366.7$580,000$525,00010.5
Deer Park3216100$566,000$555,0002
Tower Lakes114175$565,000$520,0008.7
Barrington874497.7$515,000$506,6001.7
Deerfield283103174.8$500,000$455,0009.9
Libertyville29693218.3$448,500$393,00014.1
Indian Creek6450$441,250$380,75015.9
Lake Barrington11351121.6$435,000$360,00020.8
Wadsworth4910390$416,000$365,00014
* This story only considers sales data for the part of Barrington that is in Lake County.

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