$3,859 Closing Credit*
$325,000
675 SqFt
1 Bed
•1 Full Bath
Listing Office: RE/MAX River's Edge
Is Blackstone, 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, Blackstone has remained a Seller's Market.
Key Takeaway
Blackstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blackstone, RI
How much do homes in Blackstone, RI cost?
Median Sold Price
$985,000
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$122,000(+14.1%)
Key Takeaway
Homes in Blackstone have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Blackstone was $985,000 in October 2024, up 14.1% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $272.5K | +6.9% |
| 2 Bedrooms | $705K | $574K | -18.6% |
| 3 Bedrooms | $752.5K | $823.5K | +9.4% |
| 4 Bedrooms | $910K | $1.1M | +26.9% |
| 5+ Bedrooms | $935K | $1.3M | +43.9% |
Summary: Blackstone housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 43.9%.
Median Sold Price Compared To Nearby Neighborhoods
| College Hill | $775K | $1.2M | +66.1% |
| Mount Hope | $503K | $675K | +34.2% |
| Blackstone | $863K | $985K | +14.1% |
| Wayland | $725K | $752.5K | +3.8% |
Housing Supply in Blackstone, RI
How many homes are available in Blackstone, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Summary: The Blackstone real estate market had 24 homes for sale in October 2024, a 4.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Blackstone 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blackstone, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Blackstone in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Blackstone, RI
How long does it take to sell a home in Blackstone, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 40 Days | +181.4% |
Summary: Homes in Blackstone had an average of 40 days on market in Oct 2024, up by 181.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Blackstone are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Blackstone; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
