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North Barrington, IL Real Estate


According to census data in the year 2000 there were 1,031 housing units in North Barrington. This represents a 66% growth from 621 in 1990.

Of those housing units, 1,031 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in North Barrington is about 98.6%. North Barrington's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.94 people.

The majority of houses, apartments or condos in North Barrington were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms2.70%
Three Bedrooms26.80%
Four Bedrooms44.40%
Five Bedrooms or more26.10%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1980
Median Value of occupied units$528,600
Median Price asked for vacant units$821,400

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1968
Median Monthly Rent asked for vacant units$775

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.10%
Home Equity Loan17.90%
Simple Mortgage56.70%
Debt Free20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20%