RealTrends Market Report

Rhode Island, RI

Single-Family Homes

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Rhode Island, RI

Thu Feb 13 2025
This week the median list price for Rhode Island, RI is $545,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 654. 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 Feb 13 2025
This week the median list price for Rhode Island, RI is $545,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 654. 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 $545,000
Median Price of New Listings $494,450
Per Square Foot $321
Average Days on Market 90
Median Days on Market 56
Price Decreased 19%
Price Increased 0%
Relisted 22%
Inventory 654
Median Rent
Market Action 53
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
$1,862,500 3,568 8,000 - 10,000 sqft 4 4 41 10 20 108
$679,000 2,108 4,500 - 6,500 sqft 3 2.5 43 31 36 49
$459,900 1,699 6,500 - 8,000 sqft 3 2 72 33 41 38
$359,000 1,260 4,500 - 6,500 sqft 3 1 85 24 41 56