$5,332 Closing Credit*
$449,000
2,716 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: William Raveis Real Estate
Is Glocester, 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, Glocester has remained a Seller's Market.
Key Takeaway
Glocester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glocester, RI
How much do homes in Glocester, RI cost?
Median Sold Price
$450,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+5.9%)
Key Takeaway
Homes in Glocester have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Glocester was $450,000 in November 2024, up 5.9% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267K | $252.1K | -5.6% |
| 2 Bedrooms | $335K | $341K | +1.8% |
| 3 Bedrooms | $469K | $489K | +4.3% |
| 4 Bedrooms | $467.5K | $615K | +31.6% |
| 5+ Bedrooms | $509K | $500K | -1.8% |
Summary: Glocester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
| North Scituate | $425K | $575K | +35.3% |
| Chepachet | $397.5K | $436K | +9.7% |
| Glocester | $425K | $450K | +5.9% |
| Pascoag | $405K | $409.9K | +1.2% |
Housing Supply in Glocester, RI
How many homes are available in Glocester, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 24 | -41.5% |
Summary: The Glocester real estate market had 24 homes for sale in November 2024, a 41.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 12 | 7 | -41.7% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Glocester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glocester, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Glocester in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Glocester, RI
How long does it take to sell a home in Glocester, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 52 Days | +68.5% |
Summary: Homes in Glocester had an average of 52 days on market in Nov 2024, up by 68.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Glocester has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Glocester; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
