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Wednesday, October 23, 2019

Q1 real estate sales report: Barrington Hills

Real Estate

By Local Labs News Service | Jul 9, 2018


Median prices declined in Barrington Hills over last year, and are down 38 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 6 homes sold in Barrington Hills for a median price of $500,000. That's 13.1 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 2 homes in Barrington Hills were in foreclosure.

Median property tax for homeowners in Barrington Hills was $13,128.56 in 2017 according to tax data from that year. That means homeowners pay 2.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Barrington Hills real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$806,423
-
2010
9
$828,780
2.8%
2011
8
$983,100
18.6%
2012
11
$561,350
-42.9%
2013
11
$734,400
30.8%
2014
13
$415,520
-43.4%
2015
11
$583,000
40.3%
2016
9
$614,250
5.4%
2017
12
$575,535
-6.3%
2018
6
$500,000
-13.1%

Median property tax
Median sale price
Effective property tax rate
2009
$8,738.81
$806,423
1.1%
2010
$17,552.80
$828,780
2.1%
2011
$21,183.21
$983,100
2.2%
2012
$15,526.91
$561,350
2.8%
2013
$19,525.34
$734,400
2.7%
2014
$13,363.80
$415,520
3.2%
2015
$17,365.61
$583,000
3%
2016
$21,360.48
$614,250
3.5%
2017
$13,128.56
$575,535
2.3%

Editor's note: This story has been updated to include real estate data for Barrington Hills spanning multiple counties.

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Organizations in this Story

Cook County Recorder Lake County Recorder McHenry County Clerk

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