Rhode Island Real Estate Market Trends & Home Values

Rhode Island

Rhode Island Home Values & Market Trends

There have been 12,735 properties sold in the Rhode Island real estate market trends. Median home values in the Rhode Island housing market are $513,628. The median residential home value for transactions over the last 12 months is 433,639. The State of Rhode Island currently has 178 properties in foreclosure, 63 bank owned properties, and 88 headed for auction.

Rhode Island Real Estate Market Overview

County	Median Est. Value	County	Median Est. Value
Providence	$ 464,991 $ 335/sqft	Newport	$ 857,840 $ 518/sqft
Kent	$ 460,600 $ 345/sqft	Bristol	$ 707,542 $ 434/sqft
Washington	$ 738,143 $ 434/sqft

County

Median Est. Value

County

Median Est. Value

Providence

$ 464,991

$ 335/sqft

Newport

$ 857,840

$ 518/sqft

Kent

$ 460,600

$ 345/sqft

Bristol

$ 707,542

$ 434/sqft

Washington

$ 738,143

$ 434/sqft

Housing Market Summary for Rhode Island

	Aug 2025	July 2026	Change
Median Listing Price	$493K	$510.9K	3.63%
Median Sold Price	$503.8K	$517.6K	2.73%
Homes For Sale	8,421	14,809	75.86%
Homes Sold	4,249	3,008	-29.21%

Price

$/Sqft

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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Recently Sold Homes

Explore recent offers and recently sold homes in Rhode Island

Recently Sold

$652,611

Sold Price

3 beds

2.5 baths

1,728 sqft

12,018 sqft lot

106 Child Ln, Warwick, RI 02886

Recently Sold

$724,851

Sold Price

3 beds

2.5 baths

2,132 sqft

11,451 sqft lot

120 Sherwood Ave, Warwick, RI 02888

Recently Sold

$521,357

Sold Price

2 beds

2.5 baths

1,880 sqft

3 Boyd Brook Cir, Coventry, RI 02816

Browse Homes in Rhode Island

There are currently 12,623 properties for sale in Rhode Island. The current home value ranges in price from 5,000 to 17,000,000. The total count of properties in the state is 16,008, and the percentage of properties for sale is 12623.00%.

Foreclosure

There are 5 counties within Rhode Island; within these counties, the median estimated home value for homes in foreclosure ranges from $1,527,684 in Providence to the lowest value of $174,999 in Providence. Foreclosure homes account for 1.00% of properties in Rhode Island with Providence containing 112 foreclosures, the highest number of foreclosure properties in a single county.

Pre-Foreclosure
Pre-foreclosure homes account for 0.17% of all residential properties in Rhode Island with Providence containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 5 counties within Rhode Island; of those counties, the estimated home value for pre-foreclosure homes ranges from $859,027 in Washington to the lowest home value of $298,085 in Kent.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in Rhode Island ranges from the highest value of $615,000 in Bristol to the lowest value of $200,000 in Providence. Bank owned homes and properties account for 0.39% of properties in Rhode Island. There are 5 counties within Rhode Island; Providence containing 45 REO properties, has the highest number of bank owned properties in a single county.
Auctions
Providence has 52 auction properties, the highest number of properties going to auction in a single county in the state of Rhode Island. Auction homes and other auction properties account for 0.55% of all properties in Rhode Island. There are 5 counties within Rhode Island; of those counties, the median estimated home value for homes going to auction ranges from $646,186 in Washington to the lowest value of $174,999 in Washington.

Homes for Sale

Homes and properties that are actively listed for sale account for 78.85% of residential properties in Rhode Island with Providence containing 6406 homes for sale, the highest number of listed properties in a single county. There are 5 counties within Rhode Island; homes for sale in those counties, have a range of median values from $13,000,000 in Bristol to the lowest value of $86,429 in Providence.

Sold Homes

The median value for recently sold homes ranges from $16,536,478 in Newport to the lowest price of $111,039 in Newport. There are 5 counties within Rhode Island. Providence has 1510 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 18.92% of properties in Rhode Island.

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