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McHenry Times

Tuesday, November 5, 2024

Q4 real estate sales report: Port Barrington

Realestate5

Median prices declined in Port Barrington over last year, and are down 6.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 7 homes sold in Port Barrington for a median price of $270,000. That's 10.3 percent lower than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Port Barrington was $7,442.46 in 2017 according to tax data from that year. That means homeowners pay 2.5 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$289,575
-
2010
2
$322,050
11.2%
2011
4
$176,280
-45.3%
2012
8
$212,005
20.3%
2013
5
$315,360
48.8%
2014
7
$296,800
-5.9%
2015
8
$241,680
-18.6%
2016
2
$304,500
26%
2017
5
$300,900
-1.2%
2018
7
$270,000
-10.3%

Median property tax
Median sale price
Effective property tax rate
2009
$6,098.25
$289,575
2.1%
2010
$10,046.42
$322,050
3.1%
2011
$7,849.53
$176,280
4.5%
2012
$7,971.04
$212,005
3.8%
2013
$8,571.48
$315,360
2.7%
2014
$7,256.67
$296,800
2.4%
2015
$6,914.30
$241,680
2.9%
2016
$8,601.99
$304,500
2.8%
2017
$7,442.46
$300,900
2.5%

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