$5,937 Closing Credit*
$499,999
1,580 SqFt
2 Beds
•2 Full Baths
Listing Office: Century 21 Premier Agency
Is Barrington, RI 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, RI
How much do homes in Barrington, RI cost?
Median Sold Price
$757,500
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,500(+12.4%)
Key Takeaway
Homes in Barrington have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Barrington was $757,500 in October 2024, up 12.4% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $462K | $467.5K | +1.2% |
| 3 Bedrooms | $557.5K | $640K | +14.8% |
| 4 Bedrooms | $840K | $855K | +1.8% |
| 5+ Bedrooms | $1.4M | $1.6M | +12.8% |
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 1.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Barrington | $674K | $757.5K | +12.4% |
| Seekonk | $499K | $557K | +11.6% |
| Warren | $474.7K | $525K | +10.6% |
| Riverside | $383.1K | $421K | +9.9% |
| East Providence | $390K | $420.1K | +7.7% |
Housing Supply in Barrington, RI
How many homes are available in Barrington, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Barrington real estate market had 49 homes for sale in October 2024, a 3.9% decrease 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
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 remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barrington, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Barrington in October 2024, up by 66.7% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Barrington, RI
How long does it take to sell a home in Barrington, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 26 Days | -14.4% |
Summary: Homes in Barrington had an average of 26 days on market in Oct 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was 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, 20 homes were sold in Barrington; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
