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McHenry Times

Sunday, November 17, 2024

Port Barrington (McHenry County) home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Port Barrington in McHenry County rose by $51,000 while total sales increased by 33.3%, according to BlockShopper.com.

In July 2017, there were four homes sold, with a median sale price of $292,000 - a 21.2% increase over the $241,000 median sale price for the same period of the previous year. There were three homes sold in Port Barrington in July 2016.

The median sales tax in Port Barrington for 2017 was $7,088.54. In 2016, the median sales tax was $6,868.50. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Port Barrington to other McHenry County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills71600%$444,500$453,000-1.9%
Fox Lake20-$359,000$0-
Bull Valley220%$345,000$380,000-9.2%
Lakewood810-20%$331,500$322,0003%
Oakwood Hills21100%$318,000$150,000112%
Port Barrington4333.3%$292,000$241,00021.2%
Spring Grove12850%$288,500$260,50010.7%
Johnsburg911-18.2%$286,000$243,00017.7%
Ringwood220%$273,500$243,50012.3%
Fox River Grove1011-9.1%$256,250$159,00061.2%
Prairie Grove102400%$252,500$154,25063.7%
* This story only considers sales data for the part of Port Barrington that is in McHenry County.

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