The Elmwood housing market is very competitive. The median sale price of a home in Elmwood was $389K last month, down 26.6% since last year. The median sale price per square foot in Elmwood is $157, up 13.8% since last year.
In March 2024, Elmwood home prices were down 26.6% compared to last year, selling for a median price of $389K. On average, homes in Elmwood sell after 27 days on the market compared to 22 days last year. There were 15 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$389,000
-26.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Elmwood, RI
$389,000
-26.6%
United States
To compare other locations to the Elmwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Providence add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Elmwood housing market?
Elmwood is very competitive. Homes sell in 26 days.
0
100
73
Very 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 9 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 26 days.
Hot homes
can sell for about 3% above list price and go pending in around 8 days.
Homes in this area are served by the Met Career And Technical.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
4/10
Lillian Feinstein El. School
Public • K-5
439
Students
2 reviews
4/10
Mary E. Fogarty El. School
Public • K-5
455
Students
4 reviews
3/10
Charlotte Woods Elementary School
Public • K-5
636
Students
1 reviews
2/10
Robert L Bailey Iv, Elementary School
Public • K-5
386
Students
1 reviews
NR
Sergeant Cornel Young, Junior Elementary School
Public • PreK-5
286
Students
N/A
Only showing 5 of
6 elementary schools.
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 Elmwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Elmwood.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Elmwood has a moderate risk of flooding. 234 properties in Elmwood are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Elmwood. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Elmwood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Elmwood is most at risk from hurricanes. 1,877 properties in Elmwood 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 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 104 mph.