Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
44 Barrington, IL 60010, USA apartments for sale
Barrington
According to statistics, the population in Barrington, IL amounts to 10,455, which shows decline 0% compared to the previous year. The median age of the city’s residents is 43. The average household income is $111,528, shifting decline -7% from the past year, and the average property value in Barrington, IL decline 0% to $492,700 throughout the year.
| Population | 10,455 |
| Median Age | 42.6 |
| Poverty Rate | 4% |
| Household Income | $111,528 |
| Number Of Employees | 4,892 |
| Median Property Value | $492,700 |
Household Income
The average household income in Barrington, IL declined from $119,688 to $111,528 in the past year. This data is an estimate based upon 3,842 households in Barrington, IL . The chart below presents how household income is distributed in Barrington, IL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Barrington, IL shifted from $493,000 to $492,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Barrington, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Barrington, IL properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Barrington, IL compared to median property taxes around the country. The prevalent amount of property taxes in Barrington, IL equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Barrington, IL 60010, USA
Average sale in Barrington: $532,542 (-11%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed for sale | $130,000 | N/A |
| 2 bed for sale | $284,800 | +1.3% |
| 3 bed for sale | $476,631 | +14.3% |
| 4+ bed for sale | $590,863 | -20.6% |
During Jul 2022, the average price for an apartment in/near Barrington, IL decreased by 11% to $532,542.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $130,000 with no changes this month. Asking price for 2-bed apartment also increased by 1.3% and a place of this size will now cost you $284,800. A 3-bed apartment goes for $476,631, it increased by 14.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 20.6% and made it down to $590,863.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $399,800 | +47.1% |
| Houses for sale | $576,255 | -12.5% |
| Condos for sale | $237,500 | N/A |
| Land for sale | $151,250 | -48% |
| Duplexes for sale | $265,000 | N/A |
Price reports demonstrate that house price decreased by 12.5% this month making it up to $576,255. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $237,500. An average value of duplex is $265,000, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 47.1%, you’ll have to spend around $399,800 to get one.