West Warwick, RI Home Values & Market Trends

Real estate market trends reflect that there have been 415 transactions over the past year in West Warwick. The median value for residential home transactions that occurred over the previous year is $359,394.27. The number of current listings in West Warwick is 16, and the percentage of properties for sale in the city is 16.00%. West Warwick, RI currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 16 properties for sale.

West Warwick, RI Real Estate Market Overview

ZipMedian Est. Value
02893

$ 346,640

$ 214/sqft

Housing Market Summary for West Warwick, RI

Apr 2023March 2024Change
Median Listing Price$349.4K$350.2K0.21%
Median Sold Price$317.5K$350.2K10.29%
Homes For Sale1612-25.00%
Homes Sold187174-6.95%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in West Warwick, RI

West Warwick home values range from $73,632 to $937,485. The median estimated value of a home in West Warwick is $359,394.27. The median list price of a home is 371,950, and the total count of properties in the city is 8,700.

Foreclosure
There is 1 zips within West Warwick, RI; within this zips, the median estimated home value for homes in foreclosure ranges from $367,959 in 02893 to the lowest value of $253,000 in 02893. Foreclosure homes account for 0.00% of properties in West Warwick, RI with 02893 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in West Warwick, RI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within West Warwick, RI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in West Warwick, RI ranges from the highest value of $304,042 in 02893 to the lowest value of $304,042 in 02893. Bank owned homes and properties account for 0.01% of properties in West Warwick, RI. There is 1 zips within West Warwick, RI; 02893 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02893 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of West Warwick, RI. Auction homes and other auction properties account for 0.02% of all properties in West Warwick, RI. There is 1 zips within West Warwick, RI; of that zips, the median estimated home value for homes going to auction ranges from $367,959 in 02893 to the lowest value of $253,000 in 02893.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in West Warwick, RI with 02893 containing 16 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within West Warwick, RI; homes for sale in that zips, have a range of median values from $456,200 in 02893 to the lowest value of $257,237 in 02893.
    Sold Homes
    The median value for recently sold homes ranges from $650,715 in 02893 to the lowest price of $150,660 in 02893. There is 1 zips within West Warwick, RI. 02893 has 175 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.01% of properties in West Warwick, RI.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      West Warwick, RI
      $
      $

      Guide for West Warwick, RI

      Market Reports
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Home Buying Guides & Tips
      Rhode Island Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Market Reports|posted 1 April 2024

      The article provides a comprehensive analysis of the real estate market in Providence and nearby cities, highlighting the upward trend in property values and resilience of the market despite fluctuating sales.

      Rhode Island Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Rhode Island Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes West Warwick, RI

      No data to show