Is Lake Barrington, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Lake Barrington has remained a Seller's Market.
How much do homes in Lake Barrington, IL cost?
Median Sold Price
$369,278
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $213.9K | $230K | +7.5% |
2 Bedrooms | $261K | $266K | +1.9% |
3 Bedrooms | $377.5K | $353.3K | -6.4% |
4 Bedrooms | $621.9K | $630K | +1.3% |
5+ Bedrooms | $774.4K | $770K | -0.6% |
Median Sold Price Compared To Nearby Cities
North Barrington | $740K | $800K | +8.1% |
Tower Lakes | $561.3K | $554K | -1.3% |
Cuba Township | $525K | $509.6K | -2.9% |
Lake Barrington | $413.5K | $369.2K | -10.7% |
How many homes are available in Lake Barrington, IL?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
34 | 36 | +5.9% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
39 Days | 16 Days | -58.5% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days