The The Narrows housing market is very competitive. The median sale price of a home in The Narrows was $500K last month, up 9.9% since last year. The median sale price per square foot in The Narrows is $173, down 13.3% since last year.
What is the housing market like in The Narrows today?
In March 2024, The Narrows home prices were up 9.9% compared to last year, selling for a median price of $500K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
+9.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
The Narrows, RI
$500,000
+9.9%
United States
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How hot is the The Narrows housing market?
The Narrows is very competitive. Homes sell in 18 days.
0
100
77
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 12 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 18 days.
Hot homes
can sell for about 7% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.4%
-13.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
The Narrows, RI
95.4%
-13.4 pt
United States
Home offer insights for The Narrows
Explore recent offers and recently sold homes in The Narrows
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 Narrows housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Narrows.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Narrows has a minor risk of flooding. 17 properties in The Narrows are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in The Narrows. Flood risk is increasing faster than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Narrows has a minor risk of wildfire. There are 215 properties in The Narrows that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in The Narrows.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
The Narrows has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Narrows is most at risk from hurricanes. 1,241 properties in The Narrows 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 108 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 116 mph.