Is Barrington Hills, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Barrington Hills has remained a Buyer's Market.
Housing Prices in Barrington Hills, IL
How much do homes in Barrington Hills, IL cost?
Median Sold Price
$895,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Barrington Hills was $895,000 in April 2024, down 9.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $120K | N/A |
3 Bedrooms | $553K | $700K | +26.6% |
4 Bedrooms | $880K | $747.5K | -15.1% |
5+ Bedrooms | $1.3M | $1.2M | -11.8% |
Summary: Barrington Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
Barrington | $544K | $603.7K | +11.0% |
Cuba Township | $475K | $478.8K | +0.8% |
Fox River Grove | $315K | $298.5K | -5.2% |
Barrington Township | $694.5K | $650.7K | -6.3% |
Barrington Hills | $985K | $895K | -9.1% |
Housing Supply in Barrington Hills, IL
How many homes are available in Barrington Hills, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 45 | +50.0% |
Summary: The Barrington Hills real estate market had 45 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 19 | 32 | +68.4% |
Summary: The Barrington Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 68.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Barrington Hills in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Barrington Hills, IL
How long does it take to sell a home in Barrington Hills, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 87 Days | +1650.0% |
Summary: Homes in Barrington Hills had an average of 87 days on market in Apr 2024, up by 1650% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Barrington Hills; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.