The housing market in South Barrington, IL is quite impressive. The median value of houses in this area is nearly three times the median value of houses across the US, at $897,900 versus $338,100. Furthermore, over the past year house appreciation in South Barrington has been higher than average, at 8.83%, compared to 8.27% for the US as a whole. This indicates that investing in property in this area can be an excellent choice for those looking to secure a good return on their investment.
The median home cost in South Barrington is $897,900. Home appreciation the last 10 years has been 54.6%. Home Appreciation in South Barrington is up 14.5%.
Average Age of Homes
- The median age of South Barrington real estate is 26 years old
The Rental Market in South Barrington
- Renters make up 0.6% of the South Barrington population
- 0.0% of houses and apartments in South 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.