$75,000
0.60 Acres
Land
Listing Office: Coldwell Banker Realty
Is Burrillville, 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, Burrillville has remained a Seller's Market.
Key Takeaway
Burrillville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burrillville, RI
How much do homes in Burrillville, RI cost?
Median Sold Price
$419,999
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,999(+9.1%)
Key Takeaway
Homes in Burrillville have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Burrillville was $419,999 in November 2024, up 9.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | $199K | +139.8% |
| 2 Bedrooms | $270.5K | $369K | +36.4% |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $391K | $475K | +21.5% |
| 5+ Bedrooms | $460K | $490K | +6.5% |
Summary: Burrillville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.8%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Harrisville | $367.5K | $428K | +16.5% |
| Burrillville | $385K | $419.9K | +9.1% |
| Pascoag | $405K | $409.9K | +1.2% |
Housing Supply in Burrillville, RI
How many homes are available in Burrillville, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 44 | -18.5% |
Summary: The Burrillville real estate market had 44 homes for sale in November 2024, a 18.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 25 | 17 | -32.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Burrillville 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 33.3%, 3 bedroom homes decreased by 32%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burrillville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Burrillville in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Burrillville, RI
How long does it take to sell a home in Burrillville, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 22 Days | -51.1% |
Summary: Homes in Burrillville had an average of 22 days on market in Nov 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burrillville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Burrillville; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
