Is Bristol County, RI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol County is a seller's market

Buyer's
Market

Difference Since November 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

$629,166

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,647(+6.0%)

Key Takeaway

Homes in Bristol County have sold for 6% more than they did a year ago.

Summary: The median home sold price in Bristol County was $629,166 in November 2024, up 6% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $362K$315K
-13.0%
2 $436K$479.5K
+10.0%
3 $590.1K$594K
+0.7%
4 $722.2K$752.1K
+4.1%
5+ $825K$720K
-12.7%

Summary: Bristol County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Counties

Providence County
+11.5%
Bristol County
+9.7%
Bristol County
+6.0%

Housing Supply in Bristol County, RI

How many homes are available in Bristol County, RI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
156139-10.9%

Summary: The Bristol County real estate market had 139 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 2524
-4.0%
3 5855
-5.2%
4 4029
-27.5%
5+ 2624
-7.7%

Summary: The Bristol County 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 decreased by 4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5025-50.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol County, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Bristol County in November 2024, down by 50.0% month-over-month. Of the 25 sold homes, 52% were sold under asking, 12% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
24 Days25 Days+3.0%

Summary: Homes in Bristol County had an average of 25 days on market in Nov 2024, up by 3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bristol County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in Bristol County; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bristol County, RI

Nearby Markets to Bristol County, RI

What housing markets are near Bristol County, RI?