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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Manville, RI

How much do homes in Manville, RI cost?

Median Sold Price

$404,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,000(+12.2%)

Key Takeaway

Homes in Manville have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Manville was $404,000 in November 2024, up 12.2% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $198K-
N/A
2 $232.7K$250K
+7.4%
3 $365K$408K
+11.8%
4 $432.5K$338.5K
-21.7%
5+ $465K$500K
+7.5%

Summary: Manville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Cities

Cumberland
+13.4%
Manville
+12.2%
Lincoln
+5.6%
North Smithfield
+3.7%

Housing Supply in Manville, RI

How many homes are available in Manville, RI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Manville real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 10
-100.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Manville 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Manville in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Manville, RI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days14 Days-58.5%

Summary: Homes in Manville had an average of 14 days on market in Nov 2024, down by 58.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Manville; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in Manville, RI

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