RealTrends Market Report

Rhode Island, RI

Single-Family Homes

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Rhode Island, RI

Thu May 22 2025
This week the median list price for Rhode Island, RI is $649,000 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has held steady at or around 939. Click here to stay informed with the Rhode Island market!

Market Action Index

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

Strong Seller's Market

Rhode Island, RI

Thu May 22 2025
This week the median list price for Rhode Island, RI is $649,000 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has held steady at or around 939. Click here to stay informed with the Rhode Island market!

Market Action Index

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

Strong Seller's Market

Real-Time Market Profile

Never miss important changes in the Rhode Island market.
Median List Price $649,000
Median Price of New Listings $525,000
Per Square Foot $337
Average Days on Market 65
Median Days on Market 28
Price Decreased 18%
Price Increased 1%
Relisted 17%
Inventory 939
Median Rent
Market Action 58
Strong Seller's Market

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
$2,100,000 3,500 0.5 - 1 acre 4 3.5 39 23 17 42
$789,000 2,264 0.25 - 0.5 acre 3 2.5 43 42 61 28
$539,999 1,824 8,000 - 10,000 sqft 3 2 64 58 67 21
$389,900 1,344 4,500 - 6,500 sqft 3 1.5 85 62 75 21