The Reservoir housing market is very competitive. The median sale price of a home in Reservoir was $449K last month, up 68.1% since last year. The median sale price per square foot in Reservoir is $177, down 25.3% since last year.
What is the housing market like in Reservoir today?
In October 2024, Reservoir home prices were up 68.1% compared to last year, selling for a median price of $449K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$448,840
+68.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Reservoir, RI
$448,840
+68.1%
United States
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How hot is the Reservoir housing market?
Reservoir is very competitive. Homes sell in 23 days.
0
100
89
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 5% above list price and go pending in around 23 days.
Hot homes
can sell for about 6% above list price and go pending in around 6 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 Reservoir housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Reservoir.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Reservoir has a minor risk of flooding. 28 properties in Reservoir are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Reservoir. Flood risk is increasing slower than the national average.
84% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Reservoir has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Reservoir is most at risk from hurricanes. 830 properties in Reservoir 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 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.