Barrington, IL Foreclosures
How much do homes sell for in Barrington, IL?
The average home price is currently $791,364.
In Barrington, IL, how many homes are available?
There are currently 307 active home listings available in Barrington.
What’s the average rental cost in Barrington, IL?
The average rental price in Barrington is $2,957.
What is the most expensive home in Barrington?
The most expensive home sold in Barrington had a price of $27,737,372.
What is currently the cheapest priced home in Barrington, IL?
The cheapest home for sale in Barrington is priced at $12,363.
Living in Barrington, IL
Barrington, IL is a vibrant village known for its beautiful landscapes, excellent schools, and strong community spirit. With a range of outdoor activities and a charming downtown area, it offers a perfect blend of suburban life and easy access to urban conveniences. A welcoming environment, Barrington is ideal for families and individuals seeking a balanced lifestyle.
Current Market Conditions in Barrington, IL
The Barrington real estate market is currently experiencing a steady increase in demand, with a notable rise in home prices over the past few months. Buyers are attracted by the excellent schools, safe neighborhoods, and abundant community amenities, contributing to competitive bidding situations in popular areas.
As of late 2023, inventory levels remain low, making it challenging for buyers to find their ideal home. However, sellers are benefiting from the market's favorable conditions, with many homes selling quickly and often above asking price in desirable locations.
Home Value Estimator For Barrington, IL
There are currently 8,024 real estate properties
in Barrington, IL,
with a median automated valuation model (AVM) price
of $675,701.00. 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, 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, IL,
is $791,364.00, with the most expensive house
in Barrington, IL, topping out
at $27,737,372.00 and the cheapest home
in Barrington, IL,
clocking in at $12,363.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barrington, IL!
Rent Prices
In Barrington, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barrington, IL, is on
a rollercoaster ride. The
average rent price in Barrington, IL,
is $2,957.00. Indeed, when looking to rent in
Barrington, IL, you can expect to pay as little
as $910.00 or as much
as $5,420.00,
with the average rent median estimated to
be $2,850.00. The good news is that finding
an affordable and desirable property to rent in Barrington, 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.
Learn more on Foreclosure homes
