The housing market in Barrington, IL is booming! The median value of housing in this suburb of Chicago is $495,200, which is significantly higher than the US median house value of $338,100. The US 1 year house appreciation rate has been 8.27%, while the appreciation rate for houses in Barrington has been 8.83%. This shows that the housing market in Barrington is thriving and it is a great time to purchase a home here.
The median home cost in Barrington is $495,200. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Barrington is up 14.5%.
Average Age of Homes
- The median age of Barrington real estate is 48 years old
The Rental Market in Barrington
- Renters make up 21.9% of the Barrington population
- 0.0% of houses and apartments in Barrington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.