$3,561 Closing Credit*
$299,900
1,362 SqFt
2 Beds
•1 Full Bath
Listing Office: RE/MAX River's Edge
Is Exeter, 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, Exeter has remained a Seller's Market.
Key Takeaway
Exeter is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Exeter, RI
How much do homes in Exeter, RI cost?
Median Sold Price
$574,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$73,000(+14.6%)
Key Takeaway
Homes in Exeter have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Exeter was $574,500 in November 2024, up 14.6% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $325K | -11.0% |
| 2 Bedrooms | $460K | $543.8K | +18.2% |
| 3 Bedrooms | $514K | $567.5K | +10.4% |
| 4 Bedrooms | $628.4K | $780K | +24.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Exeter housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Exeter | $501.5K | $574.5K | +14.6% |
| West Greenwich | $550K | $604K | +9.8% |
| Richmond | $427.5K | $427.5K | 0.0% |
| West Kingston | $524.9K | $497.5K | -5.2% |
Housing Supply in Exeter, RI
How many homes are available in Exeter, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Exeter real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Exeter 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 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Exeter, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Exeter in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Exeter, RI
How long does it take to sell a home in Exeter, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 71 Days | +86.9% |
Summary: Homes in Exeter had an average of 71 days on market in Nov 2024, up by 86.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Exeter has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Exeter; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
