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Monday, November 4, 2024

Q3 real estate sales report: Barrington

Realestate4

Median prices declined in Barrington over last year, and are down 16.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 75 homes sold in Barrington for a median price of $392,000. That's 11.7 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 3 homes in Barrington were in foreclosure.

Median property tax for homeowners in Barrington was $9,866.02 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Barrington real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
51
$468,000
-
2010
59
$427,500
-8.7%
2011
44
$525,450
22.9%
2012
69
$310,650
-40.9%
2013
93
$415,800
33.8%
2014
99
$447,320
7.6%
2015
95
$410,750
-8.2%
2016
88
$430,500
4.8%
2017
89
$443,700
3.1%
2018
75
$392,000
-11.7%

Median property tax
Median sale price
Effective property tax rate
2009
$8,948.01
$468,000
1.9%
2010
$8,210.34
$427,500
1.9%
2011
$9,730.23
$525,450
1.9%
2012
$7,627.02
$310,650
2.5%
2013
$8,475.32
$415,800
2%
2014
$9,151.56
$447,320
2%
2015
$8,603.11
$410,750
2.1%
2016
$8,796.90
$430,500
2%
2017
$9,866.02
$443,700
2.2%

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