Is Greenville, RI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Greenville has remained a Seller's Market.

Key Takeaway

Greenville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenville, RI

How much do homes in Greenville, RI cost?

Median Sold Price

$502,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$132,000(+35.7%)

Key Takeaway

Homes in Greenville have sold for 35.7% more than they did a year ago.

Summary: The median home sold price in Greenville was $502,000 in October 2024, up 35.7% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$148K
-24.1%
2 $331.7K$372.5K
+12.3%
3 $445K$525K
+18.0%
4 $520K$592.5K
+13.9%
5+ $495.2K$700K
+41.3%

Summary: Greenville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.1%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 41.3%.

Median Sold Price Compared To Nearby Cities

Greenville
+35.7%
Chepachet
+15.6%
Smithfield
+14.7%
Glocester
+11.9%
Johnston
+10.1%

Housing Supply in Greenville, RI

How many homes are available in Greenville, RI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2523-8.0%

Summary: The Greenville real estate market had 23 homes for sale in October 2024, a 8.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 35
+66.7%
3 139
-30.8%
4 56
+20.0%
5+ 22
0.0%

Summary: The Greenville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Greenville in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for Greenville, RI

How long does it take to sell a home in Greenville, RI?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days21 Days-20.7%

Summary: Homes in Greenville had an average of 21 days on market in Oct 2024, down by 20.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Greenville; 67% of homes were sold within 30 days, 33% 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 30 Days Ago

Newest Listings in Greenville, RI

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