Warwick, RI Housing Market
The Warwick housing market is very competitive. Homes in Warwick receive 4 offers on average and sell in around 28 days. The median sale price of a home in Warwick was $395K last month, up 12.5% since last year. The median sale price per square foot in Warwick is $277, up 18.6% since last year.
Warwick Housing Market Trends
In March 2024, Warwick home prices were up 12.5% compared to last year, selling for a median price of $395K. On average, homes in Warwick sell after 28 days on the market compared to 38 days last year. There were 85 homes sold in March this year, up from 76 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Warwick 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 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 5% above list price and go pending in around 9 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 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 1% above list price and go pending in around 24 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
Warwick Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Warwick from outside metros.
- New York homebuyers searched to move into Warwick more than any other metro followed by Hartford and San Francisco.
- 82% of Warwick homebuyers searched to stay within the Warwick metropolitan area.
- Portland was the most popular destination among Warwick 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 Warwick
Recent offers
- Winning Offer|11 Weeks Ago~$400K Offer2 bd | 1.5 ba | ~1,500 sqftOver List Price3%Days on Market10Competing Offers3Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$475K OfferSold for $450K2 bd | 2 ba | ~1,500 sqftOver List Price3%Days on Market17Competing Offers4Down Payment—
View houses in Warwick that sold recently
Recently sold homes
- $530,000 Last Sold Price4 beds2 baths2,362 sq ft87 North St, Warwick, RI 02886List Price$489,900Sale to List8% over listDays on Market42 days87 North St, Warwick, RI 02886
- $302,000 Last Sold Price2 beds1 bath1,118 sq ft351 New London Ave #501, Warwick, RI 02886List Price$296,900Sale to List2% over listDays on Market46 days351 New London Ave #501, Warwick, RI 02886
- $284,000 Last Sold Price2 beds1 bath2,060 sq ft51 Terrace Ave, Warwick, RI 02889List Price$299,900Sale to List5% under listDays on Market27 days51 Terrace Ave, Warwick, RI 02889
- $426,000 Last Sold Price3 beds1 bath1,712 sq ft77 Johnson Ave, Warwick, RI 02886List Price$399,000Sale to List7% over listDays on Market35 days77 Johnson Ave, Warwick, RI 02886
- $351,000 Last Sold Price3 beds1 bath1,040 sq ft90 Langley St, Warwick, RI 02889List Price$319,000Sale to List10% over listDays on Market40 days90 Langley St, Warwick, RI 02889
- $275,000 Last Sold Price3 beds1 bath1,376 sq ft16 Elkland Rd, Warwick, RI 02886List Price$309,900Sale to List11% under listDays on Market46 days16 Elkland Rd, Warwick, RI 02886
- $415,000 Last Sold Price1 bed2.5 baths3,300 sq ft4237 Post Rd, Warwick, RI 02818List Price$425,000Sale to List2% under listDays on Market76 days4237 Post Rd, Warwick, RI 02818
- $260,000 Last Sold Price2 beds1.5 baths1,085 sq ft161 W Shore Rd Unit B2, Warwick, RI 02889List Price$260,000Sale to List0% over listDays on Market18 days161 W Shore Rd Unit B2, Warwick, RI 02889
See all recently sold homes in Warwick.
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Schools in Warwick
- Elementary
- Middle
- High
GreatSchools Rating
8/10 James H. Eldredge School Public • 3-5 | 296 Students | 3 reviews |
8/10 Scott School Public • K-5 | 240 Students | 7 reviews |
8/10 George Hanaford School Public • 3-5 | 269 Students | 4 reviews |
7/10 Park School Public • K-5 | 199 Students | 1 reviews |
7/10 Sherman School Public • K-5 | 320 Students | 5 reviews |
Climate's impact on Warwick housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Warwick.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Severe
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Wind likelihood over time
Heat Factor - Major
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Transportation in Warwick
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Bike Score®
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