$5,106 Closing Credit*
$430,000
5 Beds
•2 Full Baths
Listing Office: Century 21 Limitless PRG
Is 02808, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 02808 has remained a Seller's Market.
Key Takeaway
02808 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02808, RI
How much do homes in 02808, RI cost?
Median Sold Price
$398,950
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,700(+1.4%)
Key Takeaway
Homes in 02808 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 02808 was $398,950 in November 2024, up 1.4% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $389K | $320K | -17.7% |
| 3 Bedrooms | $385K | $420K | +9.1% |
| 4 Bedrooms | $528.7K | $350K | -33.8% |
| 5+ Bedrooms | $480K | $385K | -19.8% |
Summary: 02808 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 33.8%, and 5+ bedroom homes decreased by 19.8%.
Housing Supply in 02808, RI
How many homes are available in 02808, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 02808 real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 02808 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 02808, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 02808 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for 02808, RI
How long does it take to sell a home in 02808, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 46 Days | +259.0% |
Summary: Homes in 02808 had an average of 46 days on market in Nov 2024, up by 259% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02808 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 02808; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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