$5,936 Closing Credit*
$499,900
1,382 SqFt
3 Beds
•1 Full Bath
Listing Office: Century 21 The Seyboth Team
Is North Kingstown, 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, North Kingstown has remained a Seller's Market.
Key Takeaway
North Kingstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Kingstown, RI
How much do homes in North Kingstown, RI cost?
Median Sold Price
$626,125
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$86,125(+15.9%)
Key Takeaway
Homes in North Kingstown have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in North Kingstown was $626,125 in November 2024, up 15.9% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264.2K | $329K | +24.5% |
| 2 Bedrooms | $436K | $439K | +0.7% |
| 3 Bedrooms | $520K | $605.5K | +16.4% |
| 4 Bedrooms | $816K | $876K | +7.4% |
| 5+ Bedrooms | $1.3M | $1.1M | -17.6% |
Summary: North Kingstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 17.6%.
Median Sold Price Compared To Nearby Cities
| North Kingstown | $540K | $626.1K | +15.9% |
| East Greenwich | $599.8K | $686.6K | +14.5% |
| South Kingstown | $576K | $650K | +12.8% |
| Warwick | $364.5K | $400K | +9.7% |
| Saunderstown | $733.5K | $735K | 0.2% |
Housing Supply in North Kingstown, RI
How many homes are available in North Kingstown, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 73 | -15.1% |
Summary: The North Kingstown real estate market had 73 homes for sale in November 2024, a 15.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 41 | 32 | -22.0% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Kingstown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Kingstown, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in North Kingstown in November 2024, down by 12.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 5% were sold at asking, and 33% were sold over asking.
Days on Market for North Kingstown, RI
How long does it take to sell a home in North Kingstown, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 33 Days | +24.5% |
Summary: Homes in North Kingstown had an average of 33 days on market in Nov 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Kingstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in North Kingstown; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
