The Lake Barrington Shores housing market is somewhat competitive. Homes in Lake Barrington Shores receive 1 offers on average and sell in around 59 days. The median sale price of a home in Lake Barrington Shores was $375K last month, down 1.6% since last year. The median sale price per square foot in Lake Barrington Shores is $166, down 6.2% since last year.
What is the housing market like in Lake Barrington Shores today?
In March 2024, Lake Barrington Shores home prices were down 1.6% compared to last year, selling for a median price of $375K. On average, homes in Lake Barrington Shores sell after 59 days on the market compared to 75 days last year. There were 20 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
-1.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Barrington Shores, IL
$375,000
-1.6%
United States
To compare other locations to the Lake Barrington Shores and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Barrington add value to a home.
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How hot is the Lake Barrington Shores housing market?
Lake Barrington Shores is somewhat competitive. Homes sell in 66 days.
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100
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Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 66 days.
Hot homes
can sell for about 1% above list price and go pending in around 43 days.
Learn about schools in the Lake Barrington Shores area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Barrington Shores housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Barrington Shores.
Risk Factor
Flood Factor - Moderate
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Barrington Shores has a moderate risk of flooding. 9 properties in Lake Barrington Shores are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Lake Barrington Shores. Flood risk is increasing faster than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Barrington Shores has a minor risk of wildfire. There are 9 properties in Lake Barrington Shores that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in Lake Barrington Shores.
Lake Barrington Shores has minimal risk of severe winds over the next 30 years
Wind Factor
Lake Barrington Shores has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
96% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Lake Barrington Shores has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Lake Barrington Shores have a Minor Heat Factor®.
Lake Barrington Shores is expected to see a 85% increase in the number of days over 100ºF over the next 30 years. Lake Barrington Shores is expected to experience 6