This Week's Real Estate Market Report

Narragansett, RI 02882

Single-Family Homes

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



Narragansett, RI 02882

Mon Jun 30 2025
This week the median list price for Narragansett, RI 02882 is $1,200,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 53. Click here to stay informed with the Narragansett market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Narragansett, RI 02882

Mon Jun 30 2025
This week the median list price for Narragansett, RI 02882 is $1,200,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 53. Click here to stay informed with the Narragansett market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Narragansett market.
Median List Price $1,200,000
Median Price of New Listings $1,424,900
Per Square Foot $689
Average Days on Market 59
Median Days on Market 35
Price Decreased 34%
Price Increased 0%
Relisted 17%
Inventory 53
Median Rent
Market Action 34
Slight Seller's Advantage

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
$2,572,500 3,258 0.5 - 1 acre 4 3.5 21 2 1 49
$1,299,000 2,080 0.25 - 0.5 acre 4 2.5 38 2 0 21
$1,100,000 1,936 6,500 - 8,000 sqft 3 2 57 1 0 42
$750,000 1,363 6,500 - 8,000 sqft 3 1 58 1 2 35