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Featured local agent — North Barrington, IL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · North Barrington, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

North Barrington, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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North Barrington, IL Housing Market & Real Estate

Balanced market-6.9% YoY

Housing market overview · Updated monthly ·

$977,250median sale price

How is the North Barrington, IL housing market right now?

The median home sale price in North Barrington, IL is $977,250, down 6.9% year-over-year. Homes sell in an average of 64 days with 14 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Balanced market2.3 months of supply64 avg. days on market

North Barrington, IL is currently a balanced market, based on 2.3 months of supply and homes selling in about 64 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

64

Average pace

Active listings

14

2.3 months supply

Sale-to-list

99.7%

Below asking

What does the North Barrington housing market data show?

Current housing market statistics for North Barrington, IL
MetricValue
Median sale price$977,250
Median list price$2.25M
Year-over-year price change-6.9%
Average days on market64 days
Active inventory14 listings
Months of supply2.3 months
Sale-to-list price ratio99.7%
Median price per sq ft$297/sq ft
Homes sold (latest month)6
New listings (latest month)3
Listings with a price cut21.4%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in North Barrington by property type?

How the North Barrington, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in North Barrington, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$977,250$297/sq ft664 days
Townhouse$1.02M$315/sq ft185 days

Source: Redfin · Updated monthly

The North Barrington housing market is currently classified as a balanced market with a median sale price of $977,250. Prices have fallen 6.9% compared to last year, with homes spending an average of 64 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.

Homes for sale in North Barrington

There are currently 14 homes listed for sale in North Barrington, Illinois. The median listing price is $2.3M.

Active listings

14

Homes on market

Median list price

$2.3M

Avg. days on market

64

Days until sale

New this week

3

Newly listed

Price drops:21.4%of listings
Sale-to-list:99.7%

Who lives in North Barrington?

Population

3,113

Median income

$216,250/yr

Median age

49.2 years

Owner-occupied

97.7%

College grads

75.4%

Avg commute

29.8 min

Source: U.S. Census Bureau ACS

What are homes worth in North Barrington?

Zillow home value

$867,136

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in North Barrington?

North Barrington is a community of approximately 3K residents with a median age of 49.2 years.The median household income is $216,250, which reflects a relatively affluent area with strong earning potential. 75.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 97.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Barrington offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve North Barrington?

1 schools tracked · 428 students

The largest public schools serving North Barrington, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

North Barrington Elem School

Grades K-5 · 428 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near North Barrington, IL?

Want a head-to-head view? Compare North Barrington side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in North Barrington?

The median home sale price in North Barrington is $977,250, down 6.9% from last year.

How long do homes stay on market in North Barrington?

Homes typically spend 64 days on market before going under contract.

What is the median income in North Barrington?

The median household income is $216,250 per year.

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

With 2.3 months of supply, North Barrington is currently a balanced market.

What is the Zillow home value estimate for North Barrington?

The Zillow Home Value Index (ZHVI) for North Barrington is $867,136, representing the typical home value in the area.

How much does a single-family home cost in North Barrington?

The median single-family home price in North Barrington, IL is $977,250 (about $297 per square foot).

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