Barre, MA—01005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barre, MA
As of Oct '25, the median home price in Barre, MA is $396,000, with a year-over-year change of 1.7%. This indicates that home prices in Barre, MA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $396,000 | 1.7% |
| Single Family | $396,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $333,000 | -0.6% |
3 Bed | $398,000 | 0.8% |
4 Bed | $450,000 | 2.0% |
| 5 Bed | $444,000 | 0.9% |
% of Housing Stock
Rental Trends — Barre, MA
As of July '25, Rentcast reports the average rent in Barre, MA is $1,640, with a year-over-year rent change of -30.5%. Per bedroom, the median rent as of July '25 in Barre, MA is studios: $1,500, 1-bedrooms: $1,050, 2-bedrooms: $2,400, 3-bedrooms: $2,200. The most common rental property sizes in Barre, MA are 1-bedroom and 2-bedroom, accounting for 40.8% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,640 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $900 | $1,050 |
| 2 Bed Rent | $2,400 | $2,400 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Barre, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Barre, MA is 30. This is a increase of 69.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $435,000 | 3.0% |
Listing Count | 10 | 3.0% |
| Listings as % of Homes | 0.2% | 3.0% |
Days on Market | 30 | 69.0% |
Demographics — Barre, MA
As of the latest ACS Survey released in 2023, Barre, MA has a population of 4,790, which has decreased by -4.1% over the past 5 years. Barre, MA is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,790 | -4.1% |
% Under 18 | 17.0% | -17.5% |
% Seniors | 16.1% | 4.5% |
% WFH | 8.0% | -50.6% |
% w/ College Degree | 35.5% | 9.6% |
As of the latest ACS Survey released in 2023, Barre, MA is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Barre, MA is hispanic, making up 6.2% of the population. Foreign-born residents account for 2.7% of the population in Barre, MA, and this percentage has decreased by 6.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.3% | -3.4% |
% Black | 1.5% | -34.8% |
% Hispanic | 6.2% | 416.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | -6.9% |
Mortgage and Risk — Barre, MA
According to HUD data as of 2023, there were 124 mortgage originations in Barre, MA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Barre, MA. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 124 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Barre, MA
Barre, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $900 | $1,410 |
| 2 Bedroom | -$580 | $2,400 | $1,820 |
| 3 Bedroom | $20 | $2,200 | $2,220 |
| 4 Bedroom | N/A | N/A | $2,450 |
Affordability — Barre, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $396,000 |
| Median Household Income | $97,400 |