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McHenry Times

Tuesday, November 5, 2024

Q3 real estate sales report: Port Barrington

Realestate1

Median prices declined in Port Barrington over last year, and are down 5.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 11 homes sold in Port Barrington for a median price of $285,000. That's 1.1 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Port Barrington.

Median property tax for homeowners in Port Barrington was $7,673.57 in 2017 according to tax data from that year. That means homeowners pay 2.7 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.

Port Barrington real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$302,153
-
2010
5
$266,562
-11.8%
2011
6
$223,175
-16.3%
2012
3
$206,555
-7.4%
2013
14
$238,950
15.7%
2014
15
$286,200
19.8%
2015
7
$302,100
5.6%
2016
14
$254,625
-15.7%
2017
10
$288,150
13.2%
2018
11
$285,000
-1.1%

Median property tax
Median sale price
Effective property tax rate
2009
$5,814.82
$302,153
1.9%
2010
$8,386.09
$266,562
3.1%
2011
$5,869.03
$223,175
2.6%
2012
$6,576.68
$206,555
3.2%
2013
$7,280.51
$238,950
3%
2014
$8,008.78
$286,200
2.8%
2015
$8,161.09
$302,100
2.7%
2016
$7,560.49
$254,625
3%
2017
$7,673.57
$288,150
2.7%

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