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Tuesday, November 5, 2024

Barrington (Cook County) home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Barrington in Cook County rose by $107,500 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2017, there were 12 homes sold, with a median sale price of $417,500 - a 34.7% increase over the $310,000 median sale price for the same period of the previous year. There were nine homes sold in Barrington in May 2016.

The median sales tax in Barrington for 2017 was $7,995. In 2016, the median sales tax was $7,893. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Barrington to other Cook County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Glenbrook Countryside23-33.3%$500,000$380,00031.6%
Northfield1015-33.3%$491,500$580,500-15.3%
Northbrook686013.3%$479,000$480,000-0.2%
Inverness10825%$475,000$774,500-38.7%
Glenview1118038.8%$422,500$412,5002.4%
Barrington12933.3%$417,500$310,00034.7%
Park Ridge64598.5%$412,500$350,00017.9%
Riverside1419-26.3%$404,500$310,00030.5%
La Grange Park2023-13%$382,500$327,00017%
Lincolnwood151136.4%$355,500$510,000-30.3%
Oak Park90100-10%$341,750$411,500-17%
* This story only considers sales data for the part of Barrington that is in Cook County.

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