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

Mon Mar 01 2021
This week the median list price for Tiverton, RI 02878 is $492,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has held steady at or around 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.

Strong Seller's Market

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

Mon Mar 01 2021
This week the median list price for Tiverton, RI 02878 is $492,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has held steady at or around 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.

Strong Seller's Market

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 $492,000
Per Square Foot $269
Days on Market 88
Price Decreased 31%
Price Increased 6%
Relisted 25%
Inventory 16
Median Rent $1,388
Most Expensive $2,695,000
Least Expensive $155,000
Market Action 52
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,355,000 3,006 1 - 2.5 acres 3 2 20 0 0 164
$544,000 1,372 0.5 - 1 acre 3 1 81 0 0 66
$404,000 1,629 0.25 - 0.5 acre 2 1 62 1 1 59
$269,950 1,410 0.25 - 0.5 acre 3 1 88 0 1 45