Cranston, RI Housing Market
The Cranston housing market is very competitive. Homes in Cranston receive 3 offers on average and sell in around 18 days. The median sale price of a home in Cranston was $430K last month, up 6.8% since last year. The median sale price per square foot in Cranston is $242, up 7.1% since last year.
Cranston Housing Market Trends
In April 2024, Cranston home prices were up 6.8% compared to last year, selling for a median price of $430K. On average, homes in Cranston sell after 18 days on the market compared to 22 days last year. There were 65 homes sold in April this year, down from 68 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cranston housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 22 days.
- Hot homescan sell for about 7% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 5% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 19 days.
- Hot homescan sell for about 6% above list price and go pending in around 7 days.
Cranston Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Cranston from outside metros.
- New York homebuyers searched to move into Cranston more than any other metro followed by Hartford and San Francisco.
- 82% of Cranston homebuyers searched to stay within the Cranston metropolitan area.
- Portland was the most popular destination among Cranston homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Cranston
Recent offers
- Winning Offer|9 Weeks Ago~$350K Offer2 bd | 2 ba | ~1,500 sqftUnder List Price2%Days on Market29Competing Offers0Down Payment<10%
- Offer Not Accepted|10 Weeks Ago~$500K OfferSold for $500K3 bd | 2 ba | ~1,750 sqftOver List Price3%Days on Market6Competing Offers3Down Payment—
View houses in Cranston that sold recently
Recently sold homes
- $415,000 Last Sold Price3 beds1 bath1,018 sq ft22 Justin Way, Cranston, RI 02910List Price$389,900Sale to List6% over listDays on Market30 days22 Justin Way, Cranston, RI 02910
- $345,000 Last Sold Price2 beds1 bath1,279 sq ft46 Oak Hill Dr, Cranston, RI 02920List Price$318,900Sale to List8% over listDays on Market25 days46 Oak Hill Dr, Cranston, RI 02920
- $485,000 Last Sold Price3 beds2 baths1,500 sq ft10 David Dr, Cranston, RI 02920List Price$409,000Sale to List19% over listDays on Market75 days10 David Dr, Cranston, RI 02920
- $164,900 Last Sold Price1 bed1 bath576 sq ft10 East St #105, Cranston, RI 02920List Price$159,900Sale to List3% over listDays on Market20 days10 East St #105, Cranston, RI 02920
- $560,000 Last Sold Price3 beds2 baths1,864 sq ft11 Natick Cir, Cranston, RI 02921List Price$489,900Sale to List14% over listDays on Market27 days11 Natick Cir, Cranston, RI 02921
- $450,000 Last Sold Price3 beds1.5 baths1,617 sq ft16 Grace St, Cranston, RI 02910List Price$424,900Sale to List6% over listDays on Market40 days16 Grace St, Cranston, RI 02910
- $255,500 Last Sold Price2 beds1 bath926 sq ft12 Harvard St #12, Cranston, RI 02920List Price$225,000Sale to List14% over listDays on Market45 days12 Harvard St #12, Cranston, RI 02920
- $451,100 Last Sold Price2 beds1.5 baths1,876 sq ft30 Long Ct, Cranston, RI 02920List Price$430,000Sale to List5% over listDays on Market81 days30 Long Ct, Cranston, RI 02920
See all recently sold homes in Cranston.
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Schools in Cranston
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Stadium School Public • PreK-5 | 258 Students | 4 reviews |
7/10 Edward S. Rhodes School Public • K-5 | 281 Students | 9 reviews |
7/10 Stone Hill School Public • PreK-5 | 288 Students | 10 reviews |
7/10 Woodridge School Public • K-5 | 268 Students | 3 reviews |
6/10 Oak Lawn School Public • K-5 | 257 Students | 2 reviews |
Climate's impact on Cranston housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cranston.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Cranston
Walk Score®
Transit Score®
Bike Score®
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