$5,100 Closing Credit*
$429,500
1,713 SqFt
3 Beds
•1 Full Bath, 1 Partial
Shawn Yunker, Listing Office: Keller Williams - Main Street
Is Barrington, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Barrington has remained a Seller's Market.
Key Takeaway
Barrington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barrington, NJ
How much do homes in Barrington, NJ cost?
Median Sold Price
$365,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+10.6%)
Key Takeaway
Homes in Barrington have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Barrington was $365,000 in October 2024, up 10.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $260.2K | 0.1% |
| 3 Bedrooms | $319K | $340K | +6.6% |
| 4 Bedrooms | $352K | $385K | +9.4% |
| 5+ Bedrooms | $359.9K | $441.7K | +22.7% |
Summary: Barrington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Lawnside | $254K | $300K | +18.1% |
| Magnolia | $270K | $315K | +16.7% |
| Barrington | $330K | $365K | +10.6% |
| Haddon Heights | $431K | $465K | +7.9% |
Housing Supply in Barrington, NJ
How many homes are available in Barrington, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Barrington real estate market had 24 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 5 | 10 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Barrington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barrington, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Barrington in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Barrington, NJ
How long does it take to sell a home in Barrington, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 23 Days | +74.6% |
Summary: Homes in Barrington had an average of 23 days on market in Oct 2024, up by 74.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barrington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Barrington; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
