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Lake Barrington Real Estate Market Update March 2023

Real Estate In Lake Barrington is a sellers’ market with low inventory of homes in Lake Barrington and a lot of buyer interest. There is a 2.69 months supply of inventory on the market in Lake Barrington on March 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Lake Barrington last month was 25 days. It took on average 38 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from February 1, 2023 through February 28, 2023 was 8 units. That is 1% above the number of homes sold last month in Lake Barrington.
The average price per square foot in the area is now $166/Sq.Ft, which is 45% an increase from last month.

In Lake Barrington there were 3 units sold in February in the price range between $282,000 – $411,250 with an average of 3 bedrooms and 3.7 bathrooms and average Square footage of 2,045SF.

In Lake Barrington there were 3 units sold in February in the price range between $411,251 – $682,749 with an average of 4 bedrooms and 4.3 bathrooms and average Square footage of 4,168SF.

In Lake Barrington there were 2 units sold in February in the price range between $682,750 – $825,000 with an average of 4.5 bedrooms and 4.5 bathrooms and average Square footage of 5,704SF.

The low price range had the most activity. Homes up to $411,250 were on the market on average 39 days and sold an average of $334,666.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Lake Barrington. Search all Lake Barrington homes for Sale on If you are considering viewing Lake Barrington, you may want to do so now!

Lake Barrington
Jan 1, 2023 – Jan 31, 2023
Feb 1, 2023 – Feb 28, 2023


Average Listing Price

Median Sales Price

Month supply of inventory

Market Time Detached
16 days
25 days

Market Time Attached
12 days
38 days

33 properties
37 properties

Low price range
$275,000 – $366,000
$282,000 – $411,250

Low price range market time
3 days
39 days

Low price range units sold

Low price range bedrooms

Low price range bathrooms

Low price range approx sqft
0 SF
2,045 SF

Mid price range
$366,001 – $563,499
$411,251 – $682,749

Mid price range market time
14 days
33 days

Mid price range units sold

Mid price range bedrooms

Mid price range bathrooms

Mid price range approx sqft
2,838 SF
4,168 SF

High price range
$563,500 – $670,000
$682,750 – $825,000

High price range market time
20 days
13 days

High price range units sold

High price range bedrooms

High price range bathrooms

High price range approxsqft
5,566 SF
5,704 SF

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