Block Island, RI Home Values & Market Trends

Real estate market trends reflect that there have been $[transaction-count-12mo] transactions over the past year in Block Island. The median value for residential home transactions that occurred over the previous year is $NaN. The number of current listings in Block Island is $[for-sale-count], and the percentage of properties for sale in the city is $[for-sale-whole-market-percentage]%. Block Island, RI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and $[for-sale-count] properties for sale.

Housing Market Summary for Block Island, RI

Apr 2023March 2024Change
Median Listing Price$3.6M$1.4M-61.15%
Median Sold Price$1.1M$1.4M23.84%
Homes For Sale3433.33%
Homes Sold11129.09%
Price
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Homes For Sale
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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%.

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Browse Homes in Block Island, RI

Block Island home values range from $$[whole-market-lowest-avm-value] to $$[whole-market-highest-avm-value]. The median estimated value of a home in Block Island is $NaN. The median list price of a home is $[for-sale-median-list-price], and the total count of properties in the city is $[whole-market-count].

Foreclosure
There are $[submarket-count] zips within Block Island, RI; within these zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Block Island, RI with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Block Island, RI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are $[submarket-count] zips within Block Island, RI; of those 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 Block Island, RI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Block Island, RI. There are $[submarket-count] zips within Block Island, RI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Block Island, RI. Auction homes and other auction properties account for 0% of all properties in Block Island, RI. There are $[submarket-count] zips within Block Island, RI; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0% of residential properties in Block Island, RI with $[for-sale-highest-count-region] containing 0 homes for sale, the highest number of listed properties in a single zip. There are $[submarket-count] zips within Block Island, RI; homes for sale in those zips, have a range of median values from $0 in N/A to the lowest value of $0 in N/A.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There are $[submarket-count] zips within Block Island, RI. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Block Island, RI.

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      More Real Estate Resources for Block Island, RI

      Guide for Block Island, 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
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      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?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Block Island, RI

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