Real Estate Market Update for Barrington, IL
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 2% from one year earlier, and down 6% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 480-thousand dollars. The number of units sold was consistent year-over-year, and increased 4% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Barrington, IL
Area Information for Barrington, IL
  • Population: 10,366
  • Median Age: 45.51 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 2,245/sq mi
  • Population Change Since 2000: 3.95%
  • Closest Airport: Chicago O'hare International
  • Closest College: The Illinois Institute Of Art-schaumburg
  • Closest Jr. College: Wm Rainey Harper College
  • Median Household Income: $113,918
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $395,000
  • Closest Major Sports Team: Chicago Sky
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Barrington, IL
Median Age: 45.51 Married: 54% Number of Households: 3,928 Households with Children: 1,376
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Barrington, IL

      School Name Distance Type Grades School Rating Parent Rating
      Barrington High School 0.2 mi Public 9-12 4 4
      Hough Street Elementary School 0.7 mi Public PRESCHOOL-5 5 0
      St Anne School 0.9 mi Catholic PRESCHOOL-8 0 0
      Grove Avenue Elementary School 1.0 mi Public K-5 5 0
      Roslyn Road Elementary School 1.0 mi Public K-5 5 0
      Creative Learning Montessori School 1.4 mi Private PRESCHOOL-6 0 0
      Countryside Elementary School 1.4 mi Public K-5 5 0
      Arnett C Lines Elementary School 1.4 mi Public K-5 5 0
      Barrington Middle School Station 1.4 mi Public 6-8 5 3
      Barrington Mdle School- Prairie Cmps 2.1 mi Public 6-8 5 4
      Lake Barrington Academy Of Stars 3.0 mi Private PRESCHOOL-5 0 0
      St Marks Day School 3.3 mi Private PRESCHOOL-K 0 0
      Barbara B Rose Elementary School 4.2 mi Public K-5 5 0
      North Barrington Elementary School 4.3 mi Public K-5 5 0
      Montessori Children's House Of North Barrington 4.4 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Barrington, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.