Barrington, NJ—08007
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barrington, NJ
As of Oct '25, the median home price in Barrington, NJ is $336,000, with a year-over-year change of 2.4%. This indicates that home prices in Barrington, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $336,000 | 2.4% |
| Single Family | $336,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $340,000 | 2.7% |
4 Bed | $368,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Barrington, NJ
As of July '25, Rentcast reports the average rent in Barrington, NJ is $1,960, with a year-over-year rent change of -26.0%. Per bedroom, the median rent as of July '25 in Barrington, NJ is 1-bedrooms: $1,460, 2-bedrooms: $2,000, 4-bedrooms: $2,920. The most common rental property sizes in Barrington, NJ are 1-bedroom and 2-bedroom, accounting for 54.5% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,570 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,460 |
| 2 Bed Rent | $2,200 | $2,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,850 | $2,920 |
% of Rental Stock
Property Listings — Barrington, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Barrington, NJ is 37. This is a increase of 63.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | -5.0% |
Listing Count | 16 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 37 | 63.0% |
Demographics — Barrington, NJ
As of the latest ACS Survey released in 2023, Barrington, NJ has a population of 5,460, which has increased by 8.8% over the past 5 years. Barrington, NJ is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,460 | 8.8% |
% Under 18 | 17.0% | -18.3% |
% Seniors | 20.6% | 46.1% |
% WFH | 7.7% | 48.1% |
% w/ College Degree | 36.9% | 8.5% |
As of the latest ACS Survey released in 2023, Barrington, NJ is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Barrington, NJ is asian, making up 3.7% of the population. Foreign-born residents account for 2.6% of the population in Barrington, NJ, and this percentage has decreased by 49.0% 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 | 83.9% | -4.7% |
% Black | 3.0% | 7.1% |
% Hispanic | 3.4% | -17.1% |
% Asian | 3.7% | 94.7% |
% Foreign Born | 2.6% | -49.0% |
Mortgage and Risk — Barrington, NJ
According to HUD data as of 2023, there were 103 mortgage originations in Barrington, NJ, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Barrington, NJ. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Barrington, NJ
Barrington, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,400 | $1,260 |
| 2 Bedroom | -$700 | $2,200 | $1,500 |
| 3 Bedroom | N/A | N/A | $1,810 |
| 4 Bedroom | -$800 | $2,850 | $2,050 |
Affordability — Barrington, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $336,000 |
| Median Household Income | $94,400 |