Rhode Island Home Values & Market Trends
There have been 11,145 properties sold in the Rhode Island real estate market trends. Median home values in the Rhode Island housing market are $525,129. The median residential home value for transactions over the last 12 months is 443,586. The State of Rhode Island currently has 175 properties in foreclosure, 48 bank owned properties, and 100 headed for auction.
Rhode Island Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Providence | $ 471,228 $ 349/sqft | Newport | $ 892,045 $ 554/sqft |
| Kent | $ 467,434 $ 362/sqft | Bristol | $ 724,498 $ 450/sqft |
| Washington | $ 744,385 $ 445/sqft |
Housing Market Summary for Rhode Island
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $494K | $510.2K | 3.28% |
| Median Sold Price | $504.1K | $518.5K | 2.85% |
| Homes For Sale | 9,001 | 12,801 | 42.22% |
| Homes Sold | 4,008 | 3,030 | -24.40% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rhode Island
Browse Homes in Rhode Island
There are currently 12,984 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 16,368, and the percentage of properties for sale is 12984.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% 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 $646,608 in Providence to the lowest home value of $318,810 in Kent.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rhode Island ranges from the highest value of $621,490 in Washington to the lowest value of $200,000 in Providence. Bank owned homes and properties account for 0.29% of properties in Rhode Island. There are 5 counties within Rhode Island; Providence containing 37 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsProvidence has 59 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 0.61% 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 $662,432 in Newport to the lowest value of $175,763 in Newport.
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More Real Estate Resources for Rhode Island
Guide for Rhode Island
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
