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Thursday, April 18, 2024

South Barrington home prices rise in 2018

Re 5

The median sale price of a home sold in 2018 in South Barrington rose by $27,500 while total sales decreased by 32.9%, according to BlockShopper.com.

From January through December of 2018, there were 51 homes sold, with a median sale price of $725,000 - a 3.9% increase over the $697,500 median sale price for the previous year. There were 76 homes sold in South Barrington in 2017.

The median sales tax in South Barrington for the most recent year with available data, 2017, was $16,687, approximately 2.3% of the median home sale price for 2018.

The following table compares South Barrington to other Cook County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Winnetka239268-10.8%$990,000$963,0002.8%
Kenilworth4363-31.7%$925,000$1,120,000-17.4%
Hinsdale5354-1.9%$845,000$811,0004.2%
Equestrian Woods330%$796,500$532,50049.6%
Glencoe1681614.3%$790,500$820,000-3.6%
South Barrington5176-32.9%$725,000$697,5003.9%
Barrington Hills2426-7.7%$662,500$795,000-16.7%
Wilmette434510-14.9%$655,500$600,0009.3%
Western Springs211227-7%$550,000$530,0003.8%
Equestrian Estates6450%$501,250$485,0003.4%
Burr Ridge6190-32.2%$492,000$516,000-4.7%

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