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

Tue Mar 19 2024
This week the median list price for Tiverton, RI 02878 is $537,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Tiverton, RI 02878

Tue Mar 19 2024
This week the median list price for Tiverton, RI 02878 is $537,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $537,000
Median Price of New Listings $394,500
Per Square Foot $290
Average Days on Market 108
Median Days on Market 74
Price Decreased 25%
Price Increased 6%
Relisted 19%
Inventory 16
Median Rent
Market Action 43
Slight Seller'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
$997,500 2,482 1 - 2.5 acres 3 2.3 16 1 0 66
$577,000 2,387 1 - 2.5 acres 3 1.8 47 0 1 196
$469,500 1,550 0.5 - 1 acre 2 2 73 1 0 35
$314,450 1,156 6,500 - 8,000 sqft 2 1.3 89 2 1 31