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Market Snapshot

Median listing price
$775K

The median listing price in Barrington, RI ZIP 02806 is $774,500 as of June 2026.

Median rent
$3,000/mo

The median market rent in Barrington, RI ZIP 02806 is $3,000/month as of June 2026.

Days on market
314 days

The median days on market in Barrington, RI ZIP 02806 is 314 days as of June 2026. The market is currently neutral.

Gross rental yield
4.65%

At a median list price of $774,500 and a median rent of $3,000/month, the gross rental yield in Barrington, RI ZIP 02806 is 4.65% as of June 2026.

STR vs LTR
$2,526/mo STR · $3,000/mo LTR

In Barrington, RI ZIP 02806, median Airbnb revenue is $2,526/month compared to median long-term rent of $3,000/month as of June 2026.

Barrington, RI 02806 Real Estate Market Report

ZIP Code: 02806

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
36
Active Listings
12
Sold Properties
24

Market Metrics

Median Listing Price
$774,500
Median Sold Price
$750,000
Median Price per Sqft
$310/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$3,000

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.22%

Liquidity & Velocity

Median Days on Market
314
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Barrington, RI are averaging approximately 6.5%, reflecting a market environment where rates have fluctuated between 5.98% and 6.65% throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood’s primary market signal is the median sold price of $750,000, which indicates the representative recent sale level and suggests persistent value support despite broader headwinds; price trends are up year‑over‑year, which aligns with recent transaction pricing.
  2. Listing context shows a median listing price of $774,500 alongside the median sold price of $750,000, which may indicate modest seller optimism relative to completed transactions and potential pricing friction as buyers calibrate offers; market participants should monitor this spread for negotiation leverage.
  3. Liquidity appears slower given a median days on market of 314, which points to extended marketing periods and reduced sales velocity; this slower pace, combined with a relatively constrained active supply in the analyzed sample, suggests transactions may require longer timeframes to reach contract.
  4. Macro and rental signals: interest rate pressure is elevated and current 30‑year fixed rates are averaging approximately 6.5%, which could moderate buyer affordability elevated interest rate pressure; meanwhile, median market rent is $3,000 and rent trends are up, supporting steady rental demand for investors who price competitively.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

71 Alfred Drown Rd, Barrington, RI 02806
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds3 baths3,942 sqft
$1,750,000
Apr 1, 2026
$444/sqft/sqft
90 days on market
51 Hawthorne Ave, Barrington, RI 02806
Premium

Sold above market average

4 beds2 baths2,625 sqft
$1,625,000
Apr 1, 2026
$619/sqft/sqft
24 Rumstick Dr, Barrington, RI 02806
Premium

Sold above market average

5 beds2 baths2,510 sqft
$1,350,000
May 1, 2026
$538/sqft/sqft
395 days on market
6 Conway Dr, Barrington, RI 02806
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths3,388 sqft
$750,000
May 1, 2026
$221/sqft/sqft
217 days on market
168 Washington Rd, Barrington, RI 02806
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,808 sqft
$740,000
May 1, 2026
$409/sqft/sqft
1741 Wampanoag Trl, Barrington, RI 02806
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths7,784 sqft
$730,000
Apr 1, 2026
$94/sqft/sqft
83 days on market
90 Walnut Rd, Barrington, RI 02806
Value

Sold below market average

4 beds1 baths1,770 sqft
$485,000
Mar 1, 2026
$274/sqft/sqft
78 Massasoit Ave, Barrington, RI 02806
Value

Sold below market average

2 beds2 baths1,349 sqft
$355,000
Mar 1, 2026
$263/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,784/mo
02806 Avg Rent
02806 Cost to Own
Rent$3,000
Own$4,784

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

02806 Avg nightly rate
02806 Avg occupancy (days/year)
Nightly rate$254/night
Occupancy104 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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