The Palace Garden housing market is very competitive. The median sale price of a home in Palace Garden was $405K last month, up 7.7% since last year. The median sale price per square foot in Palace Garden is $276, up 14.0% since last year.
What is the housing market like in Palace Garden today?
In March 2024, Palace Garden home prices were up 7.7% compared to last year, selling for a median price of $405K. On average, homes in Palace Garden sell after 35 days on the market compared to 27 days last year. There were 25 homes sold in March this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$405,000
+7.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palace Garden, RI
$405,000
+7.7%
United States
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How hot is the Palace Garden housing market?
Palace Garden is very competitive. Homes sell in 32 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 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 32 days.
Hot homes
can sell for about 4% above list price and go pending in around 8 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 Palace Garden housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palace Garden.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palace Garden has a moderate risk of flooding. 301 properties in Palace Garden are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Palace Garden. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palace Garden has a minor risk of wildfire. There are 48 properties in Palace Garden that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Palace Garden.
92% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Palace Garden has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palace Garden is most at risk from hurricanes. 3,664 properties in Palace Garden 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 106 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 115 mph.