Barrington Hills, IL Foreclosures
How much do homes sell for in Barrington Hills, IL?
The average home price is currently $991,502.
In Barrington Hills, IL, how many homes are available?
There are currently 4 active home listings available in Barrington Hills.
What’s the average rental cost in Barrington Hills, IL?
The average rental price in Barrington Hills is $3,429.
What is the most expensive home in Barrington Hills?
The most expensive home sold in Barrington Hills had a price of $2,979,554.
What is currently the cheapest priced home in Barrington Hills, IL?
The cheapest home for sale in Barrington Hills is priced at $265,078.
Living in Barrington Hills, IL
Barrington Hills, IL, is known for its luxurious rural living, beautiful estates, and a community that values nature and education. It offers a unique blend of tranquility with easy access to urban conveniences, making it a sought-after location for families and professionals alike.
Current Market Conditions in Barrington Hills, IL
The real estate market in Barrington Hills continues to showcase resilience, with a current trend of steady demand for luxury properties. The area has limited inventory, which is driving up home prices and benefiting sellers. Homes often sell quickly, especially those that are well-maintained and in prime locations.
Recent data indicates a shift towards more families seeking larger homes with outdoor spaces, particularly as remote work options become more entrenched. Buyers are prioritizing homes with land, outbuildings, and spaces for recreation, which are abundant in this community.
Home Value Estimator For Barrington Hills, IL
There are currently 46 real estate properties
in Barrington Hills, IL,
with a median automated valuation model (AVM) price
of $828,988.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Barrington Hills, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Barrington Hills, IL,
is $991,502.00, with the most expensive house
in Barrington Hills, IL, topping out
at $2,979,554.00 and the cheapest home
in Barrington Hills, IL,
clocking in at $265,078.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barrington Hills, IL!
Rent Prices
In Barrington Hills, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barrington Hills, IL, is on
a rollercoaster ride. The
average rent price in Barrington Hills, IL,
is $3,429.00. Indeed, when looking to rent in
Barrington Hills, IL, you can expect to pay as little
as $1,580.00 or as much
as $5,420.00,
with the average rent median estimated to
be $3,160.00. The good news is that finding
an affordable and desirable property to rent in Barrington Hills, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.