Market Update
Rhode Island
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$523k
5% more than in
Q3 2025
Q3 2025
Avg. Days On Market
34
3% more than in
Q3 2025
Q3 2025
Closed Sales
2,564
8% fewer than in
Q3 2025
Q3 2025
Inventory
1,769
14% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $400k | $500k | 3154 |
| Q3 '23 | $435k | $572k | 2481 |
| Q3 '24 | $475k | $622k | 2681 |
| Q3 '25 | $496k | $667k | 2781 |
| Q3 '26 | $523k | $692k | 2564 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 44.9% |
|---|---|
| Q3 '26 | 1150 |
| Q3 '25 | 1403 |
| 1YR CHANGE | -18% |
| Closed $500k - $1m | 42.8% |
| Q3 '26 | 1098 |
| Q3 '25 | 1061 |
| 1YR CHANGE | +3% |
| Closed $1m - $2m | 9.4% |
| Q3 '26 | 241 |
| Q3 '25 | 238 |
| 1YR CHANGE | +1% |
| Closed Over $2m | 2.9% |
| Q3 '26 | 75 |
| Q3 '25 | 79 |
| 1YR CHANGE | -5% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 29 | $400k |
| Q3 '23 | 29 | $435k |
| Q3 '24 | 31 | $475k |
| Q3 '25 | 33 | $496k |
| Q3 '26 | 34 | $523k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
14%
New Listings
New Listings represents the number of properties listed during the quarter.
12%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
23%
Closed Sales
-8%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
3%
Barrington
Median
$1.08m
DOM
33
Sales
75
Inv
26
Bristol
Median
$700k
DOM
39
Sales
61
Inv
36
Charlestown
Median
$695k
DOM
45
Sales
27
Inv
25
Cranston
Median
$490k
DOM
27
Sales
203
Inv
112
East Greenwich
Median
$816k
DOM
26
Sales
48
Inv
54
East Providence
Median
$450k
DOM
24
Sales
119
Inv
53
Jamestown
Median
$1.65m
DOM
58
Sales
17
Inv
33
Little Compton
Median
$1.1m
DOM
50
Sales
13
Inv
10
Middletown
Median
$764k
DOM
67
Sales
26
Inv
24
Narragansett
Median
$1.14m
DOM
41
Sales
77
Inv
42
Newport
Median
$1.09m
DOM
73
Sales
48
Inv
70
North Kingstown
Median
$640k
DOM
30
Sales
80
Inv
45
Portsmouth
Median
$675k
DOM
68
Sales
43
Inv
53
Providence
Median
$450k
DOM
34
Sales
210
Inv
196
South Kingstown
Median
$745k
DOM
29
Sales
85
Inv
73
Tiverton
Median
$555k
DOM
79
Sales
25
Inv
16
Warren
Median
$525k
DOM
29
Sales
27
Inv
18
Warwick
Median
$435k
DOM
30
Sales
308
Inv
139
Watch Hill
Median
$2.8m
DOM
55
Sales
4
Inv
6
Westerly
Median
$693k
DOM
34
Sales
58
Inv
50