$3,551 Closing Credit*
$299,000
1,340 SqFt
3 Beds
•1 Full Bath
Listing Office: Mott & Chace Sotheby's Intl.
Is 02910, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 02910 has remained a Seller's Market.
Key Takeaway
02910 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02910, RI
How much do homes in 02910, RI cost?
Median Sold Price
$400,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+11.1%)
Key Takeaway
Homes in 02910 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 02910 was $400,000 in October 2024, up 11.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | - | N/A |
| 2 Bedrooms | $310K | $340K | +9.7% |
| 3 Bedrooms | $357.5K | $390K | +9.1% |
| 4 Bedrooms | $390K | $440K | +12.8% |
| 5+ Bedrooms | $472K | $535K | +13.3% |
Summary: 02910 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in 02910, RI
How many homes are available in 02910, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 68 | 0.0% |
Summary: The 02910 real estate market had 68 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 36 | 35 | -2.8% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 02910 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 17 | -34.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02910, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 02910 in October 2024, down by 34.6% month-over-month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% were sold over asking.
Days on Market for 02910, RI
How long does it take to sell a home in 02910, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 16 Days | -32.7% |
Summary: Homes in 02910 had an average of 16 days on market in Oct 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02910 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 02910; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
