Is Barrington, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barrington is a buyer's market

Buyer's
Market

Difference Since December 2020

At the same time last year, Barrington was a Seller's Market.

Key Takeaway

Barrington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Barrington, IL cost?

Median Sold Price

$495,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,000(+8.8%)

Key Takeaway

Homes in Barrington have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $170.7K$155K
-9.2%
2 $277K$238K
-14.1%
3 $392.5K$387K
-1.4%
4 $499.9K$582.5K
+16.5%
5+ $522.5K$765K
+46.4%

Median Sold Price Compared To Nearby Cities

Cuba Township
+25.1%
Inverness
+16.4%
Barrington Township
+14.5%
Barrington
+8.8%

How many homes are available in Barrington, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
7666-13.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 910
+11.1%
3 1714
-17.6%
4 3731
-16.2%
5+ 1210
-16.7%

Number of Homes Sold

Nov 2021Dec 2021%
169-43.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barrington, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
34 Days83 Days+141.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Barrington has remained consistent over time.

849 Dundee Ave, Barrington, IL 60010

849 Dundee Ave, Barrington, IL 60010

$329,000~$1,250/mo.*
4 Beds • 3 Baths1,344 SqFt
John Morrison#11307822Listing Office:
@propertiesMLS logo
422 W Russell St Unit 2, Barrington, IL 60010

422 W Russell St Unit 2, Barrington, IL 60010

$189,000~$700/mo.*
2 Beds • 2 Baths1,265 SqFt
John Morrison#11304907Listing Office:
@propertiesMLS logo
636 N Hough St, Barrington, IL 60010

636 N Hough St, Barrington, IL 60010

$340,000~$1,300/mo.*
2 Beds • 2 Baths1,259 SqFt
John Barnak#11304721Listing Office:
Real Broker, LLCMLS logo
744 S Division St, Barrington, IL 60010

744 S Division St, Barrington, IL 60010

$925,000~$3,500/mo.*
4 Beds • 4 Baths2,886 SqFt
Elizabeth Hanahan#11303559Listing Office:
Keller Williams Success RealtyMLS logo
102 Wisconsin Ave, Barrington, IL 60010

102 Wisconsin Ave, Barrington, IL 60010

$325,000~$1,200/mo.*
3 Beds • 2 Baths1,068 SqFt
John Morrison#11303435Listing Office:
@propertiesMLS logo
581 Shorely Dr, Barrington, IL 60010

581 Shorely Dr, Barrington, IL 60010

$225,000~$850/mo.*
2 Beds • 2 Baths1,206 SqFt
David Leigh#11291312Listing Office:
Redfin CorporationMLS logo
550 E Main St Unit 1D, Barrington, IL 60010

550 E Main St Unit 1D, Barrington, IL 60010

$187,000~$700/mo.*
2 Beds • 2 Baths1,184 SqFt
Aixin Li#11301890Listing Office:
Concentric Realty, IncMLS logo
104 N Glendale Ave, Barrington, IL 60010

104 N Glendale Ave, Barrington, IL 60010

$410,000~$1,550/mo.*
3 Beds • 3 Baths2,030 SqFt
Robbie Morrison#11301627Listing Office:
Coldwell Banker RealtyMLS logo
530 Shorely Dr Unit 101, Barrington, IL 60010

530 Shorely Dr Unit 101, Barrington, IL 60010

$195,000~$750/mo.*
2 Beds • 2 Baths1,100 SqFt
John Morrison#11301164Listing Office:
@propertiesMLS logo
996 Bosworthfield Rd, Barrington, IL 60010

996 Bosworthfield Rd, Barrington, IL 60010

$650,000~$2,450/mo.*
5 Beds • 3 Baths2,511 SqFt
Bonnie Paice#11300136Listing Office:
Coldwell Banker RealtyMLS logo
801 Harriet Ln, Barrington, IL 60010

801 Harriet Ln, Barrington, IL 60010

$489,900~$1,850/mo.*
4 Beds • 2 Baths1,777 SqFt
Samantha Kalamaras#11296187Listing Office:
@propertiesMLS logo
300 S Valley Rd, Barrington, IL 60010

300 S Valley Rd, Barrington, IL 60010

$650,000~$2,450/mo.*
4 Beds • 4 Baths
Nora Brown#11287324Listing Office:
Keller Williams Success RealtyMLS logo

About Barrington, IL

Number of homes for sale in Barrington, IL real estate market have reached 66. The inventory of homes for sale in Barrington, IL between November 2021 and December 2021 decreased by 13.2%. In December 2021, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $495,000. Listing prices have changed in this real estate market between November 2021 and December 2021: prices of 1 bedroom properties went down by 9.2%, the cost of 2 bedrooms properties went down by 14.1%, prices of 3 bedrooms properties went down by 1.4%, prices of 4 bedrooms properties increased by 16.5%, 5 bedrooms properties prices increased by 46.4%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 11.1%, number of 3 bedrooms homes decreased by 17.6%, 4 bedrooms homes inventory decreased by 16.2%, the quantity of 5 bedrooms homes went down by 16.7%. Over 1 listings were sold over their listed price in December 2021 in Barrington, IL. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data, and Mid America Regional Information System for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2022 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:45:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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