Narragansett Pier, RI Housing Market

The Narragansett Pier housing market is somewhat competitive. The median sale price of a home in Narragansett Pier was $1.1M last month, down 21.8% since last year. The median sale price per square foot in Narragansett Pier is $470, down 34.1% since last year.

Trends
Demand
Migration
Schools
Climate

Narragansett Pier Housing Market Trends

What is the housing market like in Narragansett Pier today?

In September 2024, Narragansett Pier home prices were down 21.8% compared to last year, selling for a median price of $1.1M.

$978K

Sale Price

-68.9%
since last year

$470

Sale $/Sq. Ft.

-34.1%
since last year

Under List Price

2.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Narragansett Pier and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Narragansett Pier add value to a home.

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How hot is the Narragansett Pier housing market?

Narragansett Pier is somewhat competitive. Homes sell in 27 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 27 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.

Compare With Nearby Cities

Newport

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 13 days.

Warwick

100

Very Competitive

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 homes
can sell for about 5% above list price and go pending in around 8 days.

See more nearby cities and neighborhoods

Narragansett Pier Migration & Relocation Trends

In Sep '24 - Nov '24, 18% of Narragansett Pier homebuyers searched to move out of Narragansett Pier, while 82% looked to stay within the metropolitan area.

Where are people moving to Narragansett Pier from?

Across the nation, 3% of homebuyers searched to move into Narragansett Pier from outside metros.
New York homebuyers searched to move into Narragansett Pier more than any other metro followed by Hartford and Philadelphia.

Where are people from Narragansett Pier moving to?

82% of Narragansett Pier homebuyers searched to stay within the Narragansett Pier metropolitan area.
Portland was the most popular destination among Narragansett Pier homebuyers followed by Lebanon and Miami.

Number of People Moving to Narragansett Pier

least

most

People are moving to Narragansett Pier from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	New York, NY	4,152
2	Hartford, CT	2,245
3	Philadelphia, PA	1,911
4	Springfield, MA	578
5	Washington, DC	551
6	Los Angeles, CA	479
7	San Francisco, CA	474
8	Vineyard Haven, MA	390
9	Seattle, WA	220
10	San Diego, CA	93

People are leaving Narragansett Pier for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Portland, ME	4,313
2	Lebanon, NH	1,912
3	Miami, FL	1,017
4	Myrtle Beach, SC	634
5	Cape Coral, FL	618
6	Orlando, FL	615
7	Bangor, ME	508
8	Sarasota, FL	500
9	Pittsfield, MA	462
10	Tampa, FL	433

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Narragansett Pier that sold recently

Recently sold homes

SOLD NOV 27, 2024
$629,000 Last Sold Price
2 beds
2.5 baths
1,358 sq ft
8 Meadowbrook Way, Narragansett, RI 02882
List Price
$639,900
Sale to List
2% under list
Days on Market
56 days
8 Meadowbrook Way, Narragansett, RI 02882
SOLD NOV 26, 2024
$2,470,000 Last Sold Price
3 beds
2 baths
1,904 sq ft
121 Ocean Rd, Narragansett, RI 02882
List Price
$2,750,000
Sale to List
10% under list
Days on Market
47 days
121 Ocean Rd, Narragansett, RI 02882
SOLD NOV 22, 2024
$600,000 Last Sold Price
3 beds
2.5 baths
1,548 sq ft
47 Westmoreland St, Narragansett, RI 02882
List Price
$599,000
Sale to List
0% over list
Days on Market
102 days
47 Westmoreland St, Narragansett, RI 02882
SOLD NOV 18, 2024
$1,500,000 Last Sold Price
4 beds
3.5 baths
4,929 sq ft
35 Thayer Ave, Narragansett, RI 02882
List Price
$1,599,999
Sale to List
6% under list
Days on Market
81 days
35 Thayer Ave, Narragansett, RI 02882
SOLD NOV 15, 2024
$629,900 Last Sold Price
2 beds
2.5 baths
1,320 sq ft
6 Blindbrook Dr, Narragansett, RI 02882
List Price
$629,900
Sale to List
0% over list
Days on Market
44 days
6 Blindbrook Dr, Narragansett, RI 02882
SOLD NOV 14, 2024
$1,326,000 Last Sold Price
3 beds
2.5 baths
1,680 sq ft
40 Pier Market Pl, Narragansett, RI 02882
List Price
$1,200,000
Sale to List
10% over list
Days on Market
22 days
40 Pier Market Pl, Narragansett, RI 02882
SOLD SEP 27, 2024
$1,000,000 Last Sold Price
5 beds
3 baths
2,032 sq ft
35 Caswell St, Narragansett, RI 02882
List Price
$1,100,000
Sale to List
9% under list
Days on Market
127 days
35 Caswell St, Narragansett, RI 02882
SOLD SEP 18, 2024
$2,650,000
6 beds
6 baths
5,617 sq ft
46 Canonchet Way, Narragansett, RI 02882
List Price
—
Sale to List
—
Days on Market
—
46 Canonchet Way, Narragansett, RI 02882
See all recently sold homes in Narragansett Pier.
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Schools in Narragansett Pier

Learn about schools in the Narragansett Pier area

Elementary
Middle
High

GreatSchools Rating

7/10 Narragansett Elementary School Public • PreK-4	387 Students	3 reviews
7/10 Narragansett Pier School Public • 5-8	328 Students	6 reviews

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 Narragansett Pier housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Narragansett Pier.

Provided by First Street Foundation

More real estate resources for Narragansett Pier

New Listings in Narragansett Pier

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