Barry, IL Foreclosures
Current Market Conditions in in Barry, IL As of February 2026?
Over the past month, Barry, IL's real estate market has seen an increase in home listings, providing buyers with more options. However, the demand remains high, resulting in quick sales for well-priced homes. The market continues to adapt to seasonal changes, and home values have shown resilience despite slight fluctuations in interest rates.
How much do homes sell for in Barry, IL?
The average home price is currently $163,109.
What’s the average rental cost in Barry, IL?
The average rental price in Barry is $972.
What is the most expensive home in Barry?
The most expensive home sold in Barry had a price of $2,187,059.
What is currently the cheapest priced home in Barry, IL?
The cheapest home for sale in Barry is priced at $10,000.
Living in Barry, IL
Barry, IL is a quaint rural community that combines the charm of small-town living with access to essential amenities. Residents enjoy peaceful surroundings and a supportive community. The area's natural beauty and outdoor activities make it an attractive destination for home seekers who value tranquility and a connected lifestyle.
Buyer vs Seller Market in Barry, IL
The real estate market in Barry, IL, has been experiencing a gradual upswing, with home prices stabilizing after a period of fluctuation. Due to low inventory and increasing demand, houses are moving faster, which has improved seller confidence. Many buyers are seeking affordable options in rural settings, leading to a modest increase in property values.
Currently, the market shows a mix of both buyers and sellers, with an increase in interest rates affecting purchase power slightly. However, the community's charm and amenities continue to attract newcomers, which keeps the demand steady.
Home Value Estimator For Barry, IL
There are currently 734 real estate properties
in Barry, IL,
with a median automated valuation model (AVM) price
of $114,202.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Barry, 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 Barry, IL,
is $163,109.00, with the most expensive house
in Barry, IL, topping out
at $2,187,059.00 and the cheapest home
in Barry, IL,
clocking in at $10,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barry, IL!
Rent Prices
In Barry, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barry, IL, is on
a rollercoaster ride. The
average rent price in Barry, IL,
is $972.00. Indeed, when looking to rent in
Barry, IL, you can expect to pay as little
as $500.00 or as much
as $2,010.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Barry, 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.
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