This Week's Real Estate Market Report

Portsmouth, RI 02871

Single-Family Homes

The Hogan Associates Real Estate Team | 401-845-9500 | info@hoganassociatesre.com



Portsmouth, RI 02871

Sun Apr 27 2025
This week the median list price for Portsmouth, RI 02871 is $1,362,500 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 26. Click here to stay informed with the Portsmouth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Portsmouth, RI 02871

Sun Apr 27 2025
This week the median list price for Portsmouth, RI 02871 is $1,362,500 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 26. Click here to stay informed with the Portsmouth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Portsmouth market.
Median List Price $1,362,500
Median Price of New Listings $1,250,000
Per Square Foot $554
Average Days on Market 74
Median Days on Market 21
Price Decreased 19%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 46
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,800,000 5,842 1 - 2.5 acres 4 5.5 9 0 0 129
$1,667,000 2,599 0.5 - 1 acre 3 2.8 57 2 0 17
$1,075,000 3,038 0.25 - 0.5 acre 3 2.5 36 2 3 14
$499,900 1,286 6,500 - 8,000 sqft 2 2 75 1 1 28