Market Overview
Home Prices in Barrington, IL
The median home value in Barrington, IL is $650,509 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.5% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Barrington are priced59% above average. Barrington is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Barrington home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Barrington Home Price Trend
City Comparison
Barrington vs. National Median
At $650,509, homes in Barrington cost 59% above the national median of $410,000. Buyers in Barrington should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Barrington?
20% Down Payment
$130,102
on $650,509
Monthly P&I
$3,393/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,309/mo
incl. taxes & insurance
Income Needed
$172,360
gross annual (30% rule)
10% Down Option
$65,051
+ PMI applies
Loan Amount (20% dn)
$520,407
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Barrington, IL?
The median home value in Barrington is $650,509 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.5% year-over-year.
How much have home prices changed in Barrington?
Over the past year, home values in Barrington have increased by 7.5%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Barrington?
To comfortably afford the median home price of $650,509 with a 20% down payment ($130,102) at today's rates (6.8%), you'd need a gross annual income of approximately $172,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Barrington compare to the national average home price?
The national median home value is approximately $410,000. At $650,509, homes in Barrington are 59% above the national average.
What metro area is Barrington part of?
Barrington is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.