There are currently 43 real estate properties in Barrington Hills, IL, with a median automated valuation model (AVM) price of $547,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Barrington Hills, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Barrington Hills, IL, is $703,798.00, with the most expensive house in Barrington Hills, IL, topping out at $2,700,000.00 and the cheapest home in Barrington Hills, IL, clocking in at $172,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Barrington Hills, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Barrington Hills, IL, is on a rollercoaster ride. The average rent price in Barrington Hills, IL, is $3,324.00. Indeed, when looking to rent in Barrington Hills, IL, you can expect to pay as little as $1,630.00 or as much as $5,420.00, with the average rent median estimated to be $3,140.00. The good news is that finding an affordable and desirable property to rent in Barrington Hills, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Barrington Hills, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Barrington Hills, IL and much more. Save thousands at closing with home foreclosure listings in Barrington Hills, IL — up to 75% off market value!
Barrington Hills is located in Cook, Illinois, with an estimated municipal population of 4,190 residents. All of the best foreclosed homes for sale in Barrington Hills are located in the following zip code areas on Foreclosure.com: 60010 60011. The estimated population per square kilometer (.62 miles) in Barrington Hills is 59.
So, about how much do homes cost in Barrington Hills? The most recent median value of resident-owned homes in Barrington Hills is 881,300. An estimated 96 percent of households in Barrington Hills own their homes, with an average family size of 2.96. The median household income in Barrington Hills is 178,162, with68.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Barrington Hills, the median commute time of resident workers (in minutes) is 44.3. And last, but certainly not least, are you looking for homes to rent in Barrington Hills? If so, the average rent price paid by renters in Barrington Hills is 2,533, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Barrington Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Barrington Hills is 52.8, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Barrington Hills is 65.6, with an average family size of 2.96.
The percentage of residents who report their race in Barrington Hills is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Barrington Hills? Or maybe you are searching for 55+ active adult communities in and/or near Barrington Hills?
The percentage of residents who report their age in Barrington Hills is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Barrington Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Barrington Hills.
How do you know that living in -- or moving to -- Barrington Hills is right where you need to be? Perhaps you grew up in Barrington Hills or already live nearby; therefore, the decision to buy a home in Barrington Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Barrington Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Barrington Hills:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Barrington Hills.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Barrington Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Barrington Hills, meanwhile, can field multiple offers from more qualified buyers.