$5,105 Closing Credit*
$429,900
1,710 SqFt
4 Beds
•1 Full Bath
Listing Office: HomeSmart Professionals
Is Bristol County, 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, Bristol County has remained a Seller's Market.
Key Takeaway
Bristol County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bristol County, RI
How much do homes in Bristol County, RI cost?
Median Sold Price
$630,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$59,000(+10.3%)
Key Takeaway
Homes in Bristol County have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Bristol County was $630,000 in October 2024, up 10.3% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362K | $305K | -15.7% |
| 2 Bedrooms | $439.5K | $477K | +8.5% |
| 3 Bedrooms | $558.3K | $599K | +7.3% |
| 4 Bedrooms | $697.5K | $751K | +7.7% |
| 5+ Bedrooms | $825K | $720K | -12.7% |
Summary: Bristol County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Counties
| Bristol County | $571K | $630K | +10.3% |
| Providence County | $399.5K | $439.9K | +10.1% |
| Bristol County | $460.1K | $503K | +9.3% |
Housing Supply in Bristol County, RI
How many homes are available in Bristol County, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 161 | +3.2% |
Summary: The Bristol County real estate market had 161 homes for sale in October 2024, a 3.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 57 | 56 | -1.8% |
| 4 Bedrooms | 37 | 46 | +24.3% |
| 5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Bristol County 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 7.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bristol County, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Bristol County in October 2024, up by 15.0% month-over-month. Of the 46 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Bristol County, RI
How long does it take to sell a home in Bristol County, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 28 Days | -2.3% |
Summary: Homes in Bristol County had an average of 28 days on market in Oct 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bristol County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 46 homes were sold in Bristol County; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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