Barrington, NJ is a great place to own a home. The median value of housing in Barrington is $272,500, which is significantly lower than the US median house value of $338,100. In addition, the appreciation rate for housing in Barrington has been even higher than the national average over the past year, with an impressive increase of 15.62%. This makes investment in Barrington real estate a great choice for those looking for an opportunity with high return potential.
The median home cost in Barrington is $272,500. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Barrington is up 18.1%.
Average Age of Homes
- The median age of Barrington real estate is 61 years old
The Rental Market in Barrington
- Renters make up 35.1% of the Barrington population
- 1.2% of houses and apartments in Barrington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.