Barnegat, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Barnegat Neighborhoods Since 2000




Barnegat, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Barnegat Housing Market Information

With a population of 3,001, 1,134 total housing units (homes and apartments), and a median house value of $280,987, Barnegat real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Barnegat, accounting for 65.71% of the town's housing units. Other types of housing that are prevalent in Barnegat include large apartment complexes or high rise apartments ( 22.86%), row houses and other attached homes ( 7.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.53%).

The most prevalent building size and type in Barnegat are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.85% owning and 39.15% renting.

Barnegat homes and real estate are some of the newest in America. 37.90% of Barnegat's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Barnegat real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.47%), and between 1940-1969 ( 24.71%). There's also some housing in Barnegat built before 1939 ( 10.92%).

Barnegat Home Appreciation Rates

Homes have actually lost value in Barnegat over the last then years, as home values have seen a decline of 27.64% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Barnegat home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Barnegat appreciation rates have trailed the rest of the nation. In the last twelve months, Barnegat's appreciation rate has been 0.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Barnegat were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New Jersey, our data show that Barnegat's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$280,987

Barnegat, NJ HOME PRICES

Value Range
> $1,038,000 0.9
$778,001 - $1,038,000 0.0
$519,001 - $778,000 2.6
$415,001 - $519,000 8.6
$311,001 - $415,000 21.4
$208,001 - $311,000 34.8
$104,001 - $208,000 25.4
$52,001 - $104,000 2.1
$0 - $52,000 4.3

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
18.3698581975858 69.1056910569106

Number Of Homes And Apartments:
1,134

Barnegat Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
47.73% 2.29% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,959 / per month

Homeownership Rate

Homeownership
Owners 60.85
Renters 39.15
Vacant 4.71

Housing Market Details

 

Age of Homes

AGE OF Barnegat HOMES
2000 or Newer 37.9
1970 - 1999 26.5
1940 - 1969 24.7
1939 or Older 10.9

Types of Homes

TYPE OF Barnegat HOMES
Single-Family 65.7
Townhomes 7.9
Small Apt. Buildings 3.5
Apt. Complexes 22.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Barnegat HOMES
No Bedroom 0.00
1 Bedroom 11.85
2 Bedrooms 14.71
3 Bedrooms 37.48
4 Bedrooms 31.01
5 or more bedrooms 4.96