This Week's Real Estate Market Report

Tiverton, RI 02878

Single-Family Homes

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



Tiverton, RI 02878

Sun Jan 29 2023
This week the median list price for Tiverton, RI 02878 is $699,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 17. Click here to stay informed with the Tiverton market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Tiverton, RI 02878

Sun Jan 29 2023
This week the median list price for Tiverton, RI 02878 is $699,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 17. Click here to stay informed with the Tiverton market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $699,000
Median Price of New Listings $317,000
Per Square Foot $344
Average Days on Market 63
Median Days on Market 49
Price Decreased 35%
Price Increased 6%
Relisted 35%
Inventory 17
Median Rent
Market Action 43
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,508,500 3,031 0.5 - 1 acre 3 2 69 0 0 136
$767,000 1,967 0.5 - 1 acre 4 1.8 123 1 0 42
$589,000 1,563 0.25 - 0.5 acre 3 2.3 96 0 2 24
$275,000 1,270 8,000 - 10,000 sqft 3 1 62 3 2 7