RealTrends Market Report

Rhode Island, RI

Single-Family Homes

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Rhode Island, RI

Sun Dec 10 2023
This week the median list price for Rhode Island, RI is $539,900 with the market action index hovering around 57. This is less than last month's market action index of 59. Inventory has held steady at or around 846. 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

Sun Dec 10 2023
This week the median list price for Rhode Island, RI is $539,900 with the market action index hovering around 57. This is less than last month's market action index of 59. Inventory has held steady at or around 846. 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 $539,900
Median Price of New Listings $429,900
Per Square Foot $290
Average Days on Market 79
Median Days on Market 42
Price Decreased 25%
Price Increased 0%
Relisted 20%
Inventory 846
Median Rent
Market Action 57
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
$1,697,500 3,376 0.5 - 1 acre 4 3.5 39 14 36 77
$659,000 2,132 0.5 - 1 acre 3 2.5 53 30 49 42
$429,000 1,708 0.25 - 0.5 acre 3 2 68 32 49 35
$340,000 1,378 6,500 - 8,000 sqft 3 1 88 39 58 28