The The Point housing market is somewhat competitive. The median sale price of a home in The Point was $840K last month, down 46.2% since last year. The median sale price per square foot in The Point is $683, up 15.3% since last year.
What is the housing market like in The Point today?
In April 2024, The Point home prices were down 46.2% compared to last year, selling for a median price of $840K. There were 5 homes sold in April this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$840,000
-46.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
The Point, RI
$840,000
-46.2%
United States
To compare other locations to the The Point and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newport add value to a home.
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How hot is the The Point housing market?
The Point is somewhat competitive. Homes sell in 71 days.
0
100
37
Somewhat Competitive
Redfin Compete Score™
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 71 days.
Hot homes
can sell for around list price and go pending in around 28 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on The Point housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Point.
Risk Factor
Flood Factor - Extreme
41% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Point has an extreme risk of flooding. 154 properties in The Point are likely to be
severely affected
by flooding over the next 30 years. This represents 41% of all properties in The Point. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
The Point has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Point is most at risk from hurricanes. 495 properties in The Point have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 129 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 141 mph.