Barrington, RI—02806
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barrington, RI
As of Oct '25, the median home price in Barrington, RI is $770,000, with a year-over-year change of 4.6%. This indicates that home prices in Barrington, RI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $770,000 | 4.6% |
| Single Family | $771,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $540,000 | 6.7% |
3 Bed | $675,000 | 4.3% |
4 Bed | $970,000 | 5.1% |
| 5 Bed | $1,488,000 | 4.4% |
% of Housing Stock
Rental Trends — Barrington, RI
As of July '25, Rentcast reports the average rent in Barrington, RI is $3,360, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Barrington, RI is studios: $1,800, 1-bedrooms: $1,850, 2-bedrooms: $2,590, 3-bedrooms: $3,600, 4-bedrooms: $4,780. The most common rental property sizes in Barrington, RI are 3-bedroom and 2-bedroom, accounting for 36.9% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $3,360 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $1,200 | $1,850 |
| 2 Bed Rent | $2,300 | $2,590 |
| 3 Bed Rent | $3,100 | $3,600 |
| 4 Bed Rent | $4,700 | $4,780 |
% of Rental Stock
Property Listings — Barrington, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Barrington, RI is 48. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $760,000 | 2.0% |
Listing Count | 42 | 5.0% |
| Listings as % of Homes | 0.6% | 5.0% |
Days on Market | 48 | 0.0% |
Demographics — Barrington, RI
As of the latest ACS Survey released in 2023, Barrington, RI has a population of 17,100, which has increased by 5.7% over the past 5 years. Barrington, RI is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 71.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | 5.7% |
% Under 18 | 27.5% | 1.9% |
% Seniors | 15.9% | -4.2% |
% WFH | 19.4% | 162.2% |
% w/ College Degree | 71.7% | 5.4% |
As of the latest ACS Survey released in 2023, Barrington, RI is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Barrington, RI is hispanic, making up 5.8% of the population. Foreign-born residents account for 9.0% of the population in Barrington, RI, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.2% | -6.6% |
% Black | 0.5% | 25.0% |
% Hispanic | 5.8% | 123.1% |
% Asian | 4.6% | 35.3% |
% Foreign Born | 9.0% | 20.0% |
Mortgage and Risk — Barrington, RI
According to HUD data as of 2023, there were 368 mortgage originations in Barrington, RI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Barrington, RI. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 368 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Barrington, RI
As of 2024, the percent of homes in Barrington, RI under the Section 8 program is 14.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Barrington, RI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 111 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,200 | $1,720 |
| 2 Bedroom | -$190 | $2,300 | $2,110 |
| 3 Bedroom | -$560 | $3,100 | $2,540 |
| 4 Bedroom | -$1,620 | $4,700 | $3,080 |
Affordability — Barrington, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $770,000 |
| Median Household Income | $151,000 |