Market Update
Rhode Island
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$515k
6% more than in
Q2 2025
Q2 2025
Avg. Days On Market
35
13% more than in
Q2 2025
Q2 2025
Closed Sales
2,319
5% fewer than in
Q2 2025
Q2 2025
Inventory
1,406
1% fewer than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $405k | $516k | 3043 |
| Q2 '23 | $427k | $527k | 2397 |
| Q2 '24 | $455k | $584k | 2221 |
| Q2 '25 | $485k | $606k | 2436 |
| Q2 '26 | $515k | $652k | 2319 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 46.2% |
|---|---|
| Q2 '26 | 1072 |
| Q2 '25 | 1278 |
| 1YR CHANGE | -16% |
| Closed $500k - $1m | 43.2% |
| Q2 '26 | 1001 |
| Q2 '25 | 935 |
| 1YR CHANGE | +7% |
| Closed $1m - $2m | 8.3% |
| Q2 '26 | 192 |
| Q2 '25 | 188 |
| 1YR CHANGE | +2% |
| Closed Over $2m | 2.3% |
| Q2 '26 | 54 |
| Q2 '25 | 35 |
| 1YR CHANGE | +54% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 28 | $405k |
| Q2 '23 | 32 | $427k |
| Q2 '24 | 29 | $455k |
| Q2 '25 | 31 | $485k |
| Q2 '26 | 35 | $515k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-1%
New Listings
New Listings represents the number of properties listed during the quarter.
7%
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.
3%
Closed Sales
-5%
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.
13%
Barrington
Median
$850k
DOM
30
Sales
55
Inv
30
Bristol
Median
$634k
DOM
37
Sales
56
Inv
26
Charlestown
Median
$690k
DOM
43
Sales
26
Inv
24
Cranston
Median
$483k
DOM
30
Sales
176
Inv
90
East Greenwich
Median
$770k
DOM
34
Sales
46
Inv
37
East Providence
Median
$468k
DOM
26
Sales
91
Inv
48
Jamestown
Median
$1.18m
DOM
56
Sales
14
Inv
38
Little Compton
Median
$848k
DOM
69
Sales
8
Inv
8
Middletown
Median
$685k
DOM
40
Sales
27
Inv
27
Narragansett
Median
$850k
DOM
32
Sales
51
Inv
56
Newport
Median
$1.01m
DOM
49
Sales
63
Inv
66
North Kingstown
Median
$660k
DOM
40
Sales
72
Inv
41
Portsmouth
Median
$798k
DOM
49
Sales
58
Inv
53
Providence
Median
$475k
DOM
37
Sales
217
Inv
139
South Kingstown
Median
$675k
DOM
34
Sales
71
Inv
57
Tiverton
Median
$510k
DOM
33
Sales
17
Inv
19
Warren
Median
$575k
DOM
24
Sales
19
Inv
13
Warwick
Median
$450k
DOM
30
Sales
276
Inv
99
Watch Hill
Median
$1.59m
DOM
25
Sales
1
Inv
4
Westerly
Median
$636k
DOM
86
Sales
56
Inv
35