Real Estate Market Update for Barrington, IL
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 1% compared to one year earlier, and up 11% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 490-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 420-thousand dollars. The number of units sold decreased 30% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. 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.
Map Information for Barrington, IL
Area Information for Barrington, IL
  • Population: 10,384
  • Median Age: 43.12 yr
  • Median Commute Time: 26.96 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 2,250/sq mi
  • Population Change Since 2000: 3.04%
  • Closest Airport: Chicago O'hare International
  • Closest College: The Illinois Institute Of Art-schaumburg
  • Closest Jr. College: Wm Rainey Harper College
  • Median Household Income: $108,365
  • Annual Residential Turnover: 14.7%
  • Median Years in Residence: 4.57 yr
  • Median Home Sales Price: $325,000
  • Closest Major Sports Team: Cubs
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Barrington, IL
Median Age: 43.12 Married: 42% Number of Households: 3,953 Households with Children: 1,446
    • 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 GreatSchools Rating Parent Rating
      Barrington High School 0.2 mi Public 9-12 5 4
      Hough Street Elementary School 0.7 mi Public PRESCHOOL-5 4-5 5
      St. Anne 0.9 mi Catholic PRESCHOOL-8 0 5
      Grove Avenue Elementary School 1.0 mi Public K-5 5 5
      Roslyn Road Elementary School 1.0 mi Public K-5 5 5
      Creative Care Children's Center 1.4 mi Private PRESCHOOL-6 0 5
      Creative Learning Montessori School 1.4 mi Private - 0 0
      Countryside Elementary School 1.4 mi Public K-5 4-5 5
      Atonement Christian Day School 1.4 mi Private PRESCHOOL-K 0 0
      Arnett C Lines Elementary School 1.4 mi Public K-5 4-5 5
      Barrington Middle School Station 1.4 mi Public 6-8 4-5 4
      Barrington Mdle School- Prairie Cmps 1.9 mi Public 6-8 4-5 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 4.1 mi Public K-5 5 5
      North Barrington Elementary School 4.3 mi Public K-5 5 4
      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: and Onboard Informatics © 2014
      Local Weather for Barrington, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.