$4,630 Closing Credit*
$389,900
1,993 SqFt
5 Beds
•2 Full Baths
Terri L. Sullivan, Listing Office: Keller Williams Realty - Washington Township
Is Barrington, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Barrington was a Seller's Market.
Key Takeaway
Barrington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Barrington, NJ
How much do homes in Barrington, NJ cost?
Median Sold Price
$365,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+9.0%)
Key Takeaway
Homes in Barrington have sold for 9% more than they did a year ago.
Summary: The median home sold price in Barrington was $365,000 in November 2024, up 9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $260.2K | 0.1% |
| 3 Bedrooms | $315K | $356K | +13.0% |
| 4 Bedrooms | $372.5K | $380K | +2.0% |
| 5+ Bedrooms | $374.9K | $675.5K | +80.2% |
Summary: Barrington housing prices by bedroom type for November 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 13%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 80.2%.
Median Sold Price Compared To Nearby Cities
| Magnolia | $270K | $315K | +16.7% |
| Haddon Heights | $427.5K | $470K | +9.9% |
| Barrington | $335K | $365K | +9.0% |
Housing Supply in Barrington, NJ
How many homes are available in Barrington, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The Barrington real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Barrington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barrington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Barrington in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 21 Days | -45.8% |
Summary: Homes in Barrington had an average of 21 days on market in Nov 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 3 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.
