Lake Barrington, IL

Buyer's market+0.6% YoY

Housing market overview · Updated weekly

$402,500median sale price

Homes sold

4

Last 12 weeks

Days on market

58

Average pace

Active listings

27

6.8 months supply

Sale-to-list

98.8%

Below asking

The Lake Barrington housing market is currently classified as a buyer's market with a median sale price of $402,500. Prices have risen 0.6% compared to last year, with homes spending an average of 58 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lake Barrington

There are currently 27 homes listed for sale in Lake Barrington, Illinois. The median listing price is $400K.

Active listings

27

Homes on market

Median list price

$400K

Avg. days on market

58

Days until sale

New this week

9

Newly listed

Price drops:11.1%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Lake Barrington?

The median home sale price in Lake Barrington is $402,500, up 0.6% from last year.

How long do homes stay on market in Lake Barrington?

Homes typically spend 58 days on market before going under contract.

Is Lake Barrington a buyer's or seller's market?

With 6.8 months of supply, Lake Barrington is currently a buyer's market.

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