Warwick, RI Housing Market
The Warwick housing market is very competitive. Homes in Warwick receive 5 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 $266, up 11.3% 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 28 days.
- Hot homescan sell for about 4% 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 2% above list price and go pending in around 25 days.
- Hot homescan sell for about 6% above list price and go pending in around 8 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 22 days.
- Hot homescan sell for about 4% 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 Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Warwick
Recent offers
- Winning Offer|9 Weeks Ago~$400K Offer2 bd | 1.5 ba | ~1,500 sqftOver List Price3%Days on Market10Competing Offers3Down Payment<10%
- Offer Not Accepted|9 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
- $371,000 Last Sold Price3 beds2 baths1,346 sq ft187 Reynolds Ave, Warwick, RI 02889List Price$369,000Sale to List1% over listDays on Market47 days187 Reynolds Ave, Warwick, RI 02889
- $290,000 Last Sold Price2 beds1 bath1,860 sq ft96 Homeland Ave, Warwick, RI 02886List Price$290,000Sale to List0% over listDays on Market0 days96 Homeland Ave, Warwick, RI 02886
- $580,000 Last Sold Price3 beds1.5 baths1,720 sq ft115 Aspinet Dr, Warwick, RI 02888List Price$589,000Sale to List2% under listDays on Market41 days115 Aspinet Dr, Warwick, RI 02888
- $690,000 Last Sold Price2 beds2 baths1,700 sq ft25 Deer Run Xing #45, Warwick, RI 02818List Price$689,900Sale to List0% over listDays on Market34 days25 Deer Run Xing #45, Warwick, RI 02818
- $605,000 Last Sold Price—beds—baths—sq ft741 Division St, East Greenwich, RI 02818List Price$600,000Sale to List1% over listDays on Market72 days741 Division St, East Greenwich, RI 02818
- $357,000 Last Sold Price3 beds1.5 baths840 sq ft75 Dudley Ave, Warwick, RI 02889List Price$357,500Sale to List0% under listDays on Market69 days75 Dudley Ave, Warwick, RI 02889
- $410,000 Last Sold Price3 beds1 bath1,391 sq ft112 River St, Warwick, RI 02888List Price$360,000Sale to List14% over listDays on Market39 days112 River St, Warwick, RI 02888
- $415,000 Last Sold Price4 beds1.5 baths1,420 sq ft206 Second Ave, Warwick, RI 02888List Price$379,900Sale to List9% over listDays on Market52 days206 Second Ave, Warwick, RI 02888
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 | 307 Students | 3 reviews |
8/10 Garden City School Public • PreK-5 | 281 Students | 3 reviews |
8/10 Greenwood School Public • K-5 | 274 Students | 2 reviews |
7/10 Holliman School Public • K-5 | 309 Students | 3 reviews |
7/10 George Hanaford School Public • 3-5 | 259 Students | 4 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.
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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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