This Week's Real Estate Market Report

Little Compton, RI 02837

Single-Family Homes

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



Little Compton, RI 02837

Tue Jul 01 2025
This week the median list price for Little Compton, RI 02837 is $1,587,250 with the market action index hovering around 27. This is less than last month's market action index of 33. Inventory has held steady at or around 16. Click here to stay informed with the Little Compton market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Little Compton, RI 02837

Tue Jul 01 2025
This week the median list price for Little Compton, RI 02837 is $1,587,250 with the market action index hovering around 27. This is less than last month's market action index of 33. Inventory has held steady at or around 16. Click here to stay informed with the Little Compton market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Little Compton market.
Median List Price $1,587,250
Median Price of New Listings $3,875,000
Per Square Foot $688
Average Days on Market 59
Median Days on Market 21
Price Decreased 6%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Market Action 27
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$6,900,000 5,507 2.5 - 5 acres 4 4.3 36 1 1 31
$3,525,000 3,269 1 - 2.5 acres 5 2.5 80 1 0 14
$1,272,000 2,728 1 - 2.5 acres 4 2.5 4 1 0 17
$842,000 2,120 1 - 2.5 acres 3 2.3 42 0 0 52