Lake Barrington home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Lake Barrington rose by $11,500 while total sales decreased by 41.7%, according to BlockShopper.com.

In January 2020, there were seven homes sold, with a median sale price of $289,000 - a 4.1% increase over the $277,500 median sale price for the same period of the previous year. There were 12 homes sold in Lake Barrington in January 2019.

The median sales tax in Lake Barrington for the most recent year with available data, 2017, was $7,188, approximately 2.5% of the median home sale price for January 2020.

The following table compares Lake Barrington to other Lake County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Libertyville2122-4.5%$330,000$320,6702.9%
Deer Park110%$318,000$400,000-20.5%
Port Barrington12-50%$316,500$294,5007.5%
Volo31200%$292,000$227,50028.4%
Deerfield1021-52.4%$291,000$369,000-21.1%
Lake Barrington712-41.7%$289,000$277,5004.1%
Buffalo Grove2128-25%$265,000$307,500-13.8%
Indian Creek10-$260,000$0-
Island Lake10-$260,000$0-
Lake Zurich16156.7%$252,000$350,000-28%
Lake Catherine12-50%$246,000$76,450221.8%

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