Barrington, RI Foreclosures
How much do homes sell for in Barrington, RI?
The average home price is currently $913,098.
In Barrington, RI, how many homes are available?
There are currently 2 active home listings available in Barrington.
What’s the average rental cost in Barrington, RI?
The average rental price in Barrington is $2,439.
What is the most expensive home in Barrington?
The most expensive home sold in Barrington had a price of $12,064,200.
What is currently the cheapest priced home in Barrington, RI?
The cheapest home for sale in Barrington is priced at $149,700.
Living in Barrington, RI
Barrington, Rhode Island, is a beautiful coastal town known for its excellent schools, vibrant local culture, and stunning waterfront. The town offers an array of recreational activities, historical sites, and cozy dining options, making it an ideal place for families and outdoor enthusiasts. With its close-knit community feel, Barrington combines the tranquility of suburban life with convenient access to urban amenities.
Current Market Conditions in Barrington, RI
The Barrington real estate market has shown a steady increase in property values over the past year, driven largely by demand from families seeking quality schools and a safe community. The average home price in Barrington has risen about 8% compared to the previous year, reflecting the town's desirability. With limited housing inventory, buyers are acting quickly, often resulting in competitive offers.
As of now, the Barrington market continues to be favorable for sellers, with homes frequently receiving multiple offers. The current average days on market is approximately 30 days, indicating a strong demand. Areas around waterfront properties tend to experience even quicker sales, as buyers are attracted to the scenic views and outdoor lifestyle that Barrington offers.
Home Value Estimator For Barrington, RI
There are currently 5,862 real estate properties
in Barrington, RI,
with a median automated valuation model (AVM) price
of $751,347.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Barrington, RI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Barrington, RI,
is $913,098.00, with the most expensive house
in Barrington, RI, topping out
at $12,064,200.00 and the cheapest home
in Barrington, RI,
clocking in at $149,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Barrington, RI!
Rent Prices
In Barrington, RI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Barrington, RI, is on
a rollercoaster ride. The
average rent price in Barrington, RI,
is $2,439.00. Indeed, when looking to rent in
Barrington, RI, you can expect to pay as little
as $1,200.00 or as much
as $4,340.00,
with the average rent median estimated to
be $2,340.00. The good news is that finding
an affordable and desirable property to rent in Barrington, RI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
