Barry, IL—62312
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barry, IL
Barry, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $101,000 | 6.0% |
| Single Family | $101,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $82,000 | 7.9% |
3 Bed | $121,000 | 10.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Barry, IL
Barry, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Barry, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Barry, IL is 96. This is a decrease of -37.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $124,000 | 27.0% |
Listing Count | 11 | 57.0% |
| Listings as % of Homes | N/A | 57.0% |
Days on Market | 96 | -37.0% |
Demographics — Barry, IL
As of the latest ACS Survey released in 2023, Barry, IL has a population of 1,880, which has decreased by -2.8% over the past 5 years. Barry, IL is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,880 | -2.8% |
% Under 18 | 26.8% | 7.2% |
% Seniors | 16.3% | -23.8% |
% WFH | 4.2% | 40.0% |
% w/ College Degree | 13.7% | 4.6% |
As of the latest ACS Survey released in 2023, Barry, IL is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Barry, IL is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.6% of the population in Barry, IL, and this percentage has increased by Inf% 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 | 96.4% | -1.1% |
% Black | 0.5% | -16.7% |
% Hispanic | 2.4% | 300.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.6% | ∞% |
Mortgage and Risk — Barry, IL
According to HUD data as of 2023, there were 19 mortgage originations in Barry, IL, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Barry, IL. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 19 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Barry, IL
Barry, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 62 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,050 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Barry, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $101,000 |
| Median Household Income | $66,200 |