Rhode Island Home Values & Market Trends
There have been 14,934 properties sold in the Rhode Island real estate market trends. Median home values in the Rhode Island housing market are $526,933. The median residential home value for transactions over the last 12 months is 397,182. The State of Rhode Island currently has 208 properties in foreclosure, 33 bank owned properties, and 152 headed for auction.
Rhode Island Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Providence | $ 440,343 $ 308/sqft | Washington | $ 763,978 $ 440/sqft |
Newport | $ 899,000 $ 598/sqft | Bristol | $ 615,127 $ 395/sqft |
Kent | $ 447,235 $ 324/sqft |
Housing Market Summary for Rhode Island
May 2024 | April 2025 | Change | |
---|---|---|---|
Median Listing Price | $549.9K | $450K | -18.17% |
Median Sold Price | $433.5K | $478.5K | 10.38% |
Homes For Sale | 763 | 1,643 | 115.33% |
Homes Sold | 5,945 | 6,230 | 4.79% |
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 1,702 properties for sale in Rhode Island. The current home value ranges in price from 1,250 to 10,900,000. The total count of properties in the state is 7,555, and the percentage of properties for sale is 1702.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.30% of all residential properties in Rhode Island with Kent containing 10 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 $1,649,000 in Newport to the lowest home value of $319,806 in Providence.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rhode Island ranges from the highest value of $584,300 in Newport to the lowest value of $137,755 in Kent. Bank owned homes and properties account for 0.44% of properties in Rhode Island. There are 5 counties within Rhode Island; Providence containing 27 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsProvidence has 96 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 2.01% 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 $915,316 in Bristol to the lowest value of $214,701 in Bristol.
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More Real Estate Resources for Rhode Island
Guide for Rhode Island







