This Week's Real Estate Market Report

Charlestown, RI 02813

Single-Family Homes

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


Charlestown, RI 02813

Tue Jan 14 2025
This week the median list price for Charlestown, RI 02813 is $899,950 with the market action index hovering around 43. This is an increase over last month's market action index of 36. Inventory has decreased to 8. Click here to stay informed with the Charlestown market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Charlestown, RI 02813

Tue Jan 14 2025
This week the median list price for Charlestown, RI 02813 is $899,950 with the market action index hovering around 43. This is an increase over last month's market action index of 36. Inventory has decreased to 8. Click here to stay informed with the Charlestown market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $899,950
Median Price of New Listings $699,900
Per Square Foot $622
Average Days on Market 182
Median Days on Market 137
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 43
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$3,747,000 3,799 1 - 2.5 acres 3 3.5 27 0 1 178
$1,225,000 921 0.25 - 0.5 acre 2 1.5 39 0 0 290
$699,900 2,623 1 - 2.5 acres 4 3 37 1 2 147
$464,450 1,237 1 - 2.5 acres 2 1.5 100 0 1 112