The Industrial Area housing market is not very competitive. The median sale price of a home in Industrial Area was $440K last month, up 14.4% since last year. The median sale price per square foot in Industrial Area is $234, up 3.8% since last year.
What is the housing market like in Industrial Area today?
In October 2024, Industrial Area home prices were up 14.4% compared to last year, selling for a median price of $440K. On average, homes in Industrial Area sell after 8 days on the market compared to 36 days last year. There were 3 homes sold in October this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
+14.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Industrial Area, RI
$440,000
+14.4%
United States
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How hot is the Industrial Area housing market?
Industrial Area is not very competitive. Homes sell in 51 days.
0
100
22
Not 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
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 51 days.
Hot homes
can sell for about 1% above list price and go pending in around 34 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 Industrial Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Industrial Area.
Flood Factor - Extreme
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Industrial Area has an extreme risk of flooding. 331 properties in Industrial Area are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in Industrial Area. Flood risk is increasing slower than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
Industrial Area has a moderate risk of wildfire. There are 320 properties in Industrial Area that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in Industrial Area.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Industrial Area has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Industrial Area is most at risk from hurricanes. 446 properties in Industrial Area 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 172 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Industrial Area has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Industrial Area have an Extreme Heat Factor®.
Industrial Area is expected to see a 214% increase in the number of days over 105ºF over the next 30 years. Industrial Area is expected to experience 8