Barrington, IL 60010 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Barrington, IL—60010

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$720,000

6.8% YoY Growth

Household Income

$175,000

26.9% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

0.9%

Median Rent

$2,470

22.3% YoY Growth

1-Bed Rent

$2,180

2.2% YoY Growth

2-Bed Rent

$2,290

20.8% YoY Growth

3-Bed Rent

$3,400

35.2% YoY Growth

Home Price Trends — Barrington, IL

As of May '26, the median home price in Barrington, IL is $720,000, with a year-over-year change of 6.8%. This indicates that home prices in Barrington, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$720,000	6.8%
Single Family	$755,000	6.8%
Condos	$382,000	7.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Barrington, IL

As of July '25, Rentcast reports the average rent in Barrington, IL is $2,820, with a year-over-year rent change of -22.3%. Per bedroom, the median rent as of July '25 in Barrington, IL is 1-bedrooms: $2,220, 2-bedrooms: $2,620, 3-bedrooms: $3,220, 4-bedrooms: $4,270. The most common rental property sizes in Barrington, IL are 1-bedroom and 2-bedroom, accounting for 30.8% and 26.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,470	$2,820
Studio Rent	N/A	N/A
1 Bed Rent	$2,180	$2,220
2 Bed Rent	$2,290	$2,620
3 Bed Rent	$3,400	$3,220
4 Bed Rent	$3,750	$4,270

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% of Rental Stock

Studio

5.5%

1 Bedroom

30.8%

2 Bedrooms

26.4%

3 Bedrooms

25.2%

4 Bedrooms

11.5%

5+ Bedrooms

0.7%

Property Listings — Barrington, IL

As of May '26, Realtor.com reports that the median days on market for a home in Barrington, IL is 29. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$910,000	-10.0%
Listing Count	214	-8.0%
Listings as % of Homes	1.0%	-8.0%
Days on Market	29	-9.0%

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Demographics — Barrington, IL

As of the latest ACS Survey released in 2023, Barrington, IL has a population of 46,000, which has remained stable by -0.3% over the past 5 years. Barrington, IL is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 69.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	46,000	-0.3%
% Under 18	25.5%	6.7%
% Seniors	21.9%	9.0%
% WFH	25.3%	102.4%
% w/ College Degree	69.9%	7.4%

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As of the latest ACS Survey released in 2023, Barrington, IL is a predominantly white area, with 77.2% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Barrington, IL is asian, making up 14.3% of the population. Foreign-born residents account for 17.0% of the population in Barrington, IL, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.2%	-4.7%
% Black	0.7%	-30.0%
% Hispanic	3.8%	0.0%
% Asian	14.3%	14.4%
% Foreign Born	17.0%	13.3%

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Mortgage and Risk — Barrington, IL

According to HUD data as of 2023, there were 816 mortgage originations in Barrington, IL, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Barrington, IL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	816
% Conventional Loans	96.0%
% Government Loans	4.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Barrington, IL

As of 2024, the percent of homes in Barrington, IL under the Section 8 program is 7.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Barrington, IL, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	155
Total Units Section 8	144
% Rentals under Section 8	7.1%
% Occupied Section 8	95.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$160	$2,180	$2,340
2 Bedroom	$350	$2,290	$2,640
3 Bedroom	-$10	$3,400	$3,390
4 Bedroom	$230	$3,750	$3,980

Barrington, IL—60010

Key Metrics at a Glance

Home Price Trends — Barrington, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Barrington, IL

% of Rental Stock

Property Listings — Barrington, IL

Demographics — Barrington, IL

Race and Ethnicity

Mortgage and Risk — Barrington, IL

Mortgages

Rentals and Section 8 — Barrington, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Barrington, IL

Home Price to Income Ratio

Barrington, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Fox River Grove, IL

Hoffman Estates, IL

Cary, IL

Palatine, IL

Hoffman Estates, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$720,000
Median Household Income	$175,000

Barrington, IL—60010

Key Metrics at a Glance

Home Price Trends — Barrington, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Barrington, IL

% of Rental Stock

Property Listings — Barrington, IL

Demographics — Barrington, IL

Race and Ethnicity

Mortgage and Risk — Barrington, IL

Mortgages

Rentals and Section 8 — Barrington, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Barrington, IL

Home Price to Income Ratio

Barrington, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Fox River Grove, IL

Hoffman Estates, IL

Cary, IL

Palatine, IL

Hoffman Estates, IL

Frequently Asked Questions

What is the average home price in Barrington, IL 60010?

How have home prices in Barrington, IL 60010 changed over the past year?

What is the home price projection for Barrington, IL 60010?

What are the demographics of Barrington, IL 60010?

How long does it take homes to sell in Barrington, IL 60010?

What is the average rent price in Barrington, IL 60010?