Market Overview
Home Prices in North Barrington, IL
The median home value in North Barrington, IL is $867,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in North Barrington are priced111% above average. North Barrington is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, North Barrington home values have risen by approximately43.0%, reflecting strong long-term appreciation in this market.
Price History
North Barrington Home Price Trend
City Comparison
North Barrington vs. National Median
At $867,136, homes in North Barrington cost 111% above the national median of $410,000. Buyers in North Barrington should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in North Barrington?
20% Down Payment
$173,427
on $867,136
Monthly P&I
$4,522/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,743/mo
incl. taxes & insurance
Income Needed
$229,720
gross annual (30% rule)
10% Down Option
$86,714
+ PMI applies
Loan Amount (20% dn)
$693,709
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 North Barrington, IL?
The median home value in North Barrington is $867,136 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in North Barrington?
Over the past year, home values in North Barrington have increased by 6.8%. Over five years, prices have risen approximately 43.0%.
How much do I need to earn to buy a home in North Barrington?
To comfortably afford the median home price of $867,136 with a 20% down payment ($173,427) at today's rates (6.8%), you'd need a gross annual income of approximately $229,720. This assumes keeping total housing costs at or below 30% of gross income.
How does North Barrington compare to the national average home price?
The national median home value is approximately $410,000. At $867,136, homes in North Barrington are 111% above the national average.
What metro area is North Barrington part of?
North 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.