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Monday, November 4, 2024

Q4 real estate sales report: Barrington

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Median prices declined in Barrington over last year, and are down 21.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 45 homes sold in Barrington for a median price of $342,000. That's 7.5 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Barrington was $7,064.70 in 2017 according to tax data from that year. That means homeowners pay 1.9 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
51
$437,580
-
2010
39
$427,500
-2.3%
2011
34
$454,656
6.4%
2012
64
$310,650
-31.7%
2013
78
$433,350
39.5%
2014
75
$386,900
-10.7%
2015
67
$397,500
2.7%
2016
67
$435,750
9.6%
2017
78
$369,750
-15.1%
2018
45
$342,000
-7.5%

Median property tax
Median sale price
Effective property tax rate
2009
$8,799.51
$437,580
2%
2010
$7,995.04
$427,500
1.9%
2011
$9,162.46
$454,656
2%
2012
$7,168.94
$310,650
2.3%
2013
$8,649.36
$433,350
2%
2014
$7,378.29
$386,900
1.9%
2015
$8,284.57
$397,500
2.1%
2016
$7,434.44
$435,750
1.7%
2017
$7,064.70
$369,750
1.9%

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