Altos Research

Tiverton, RI 02878

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Tiverton, RI 02878

Wed Oct 24 2018
This week the median list price for Tiverton, RI 02878 is $449,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has held steady at or around 82. Click here to stay informed with the Tiverton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Tiverton, RI 02878

Wed Oct 24 2018
This week the median list price for Tiverton, RI 02878 is $449,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has held steady at or around 82. Click here to stay informed with the Tiverton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $449,000
Per Square Foot $221
Days on Market 245
Price Decreased 44%
Price Increased 6%
Relisted 33%
Inventory 82
Median House Rent $1,225
Most Expensive $2,950,000
Least Expensive $129,900
Market Action Index
Slight Buyer's Advantage
29

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,186,750 3,615 2.5 - 5 acres 4 3 55 2 0 536
$499,000 2,721 1 - 2.5 acres 3 2 21 1 2 272
$375,000 1,722 0.5 - 1 acre 3 2 47 1 3 126
$239,000 1,248 0.25 - 0.5 acre 3 1 54 1 4 63