The 02816 housing market is very competitive. The median sale price of a home in 02816 was $365K last month, down 4.6% since last year. The median sale price per square foot in 02816 is $227, up 9.4% since last year.
In March 2024, 02816 home prices were down 4.6% compared to last year, selling for a median price of $365K. On average, homes in 02816 sell after 39 days on the market compared to 37 days last year. There were 83 homes sold in March this year, up from 74 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$365,000
-4.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
02816, RI
$365,000
-4.6%
United States
To compare other locations to the 02816 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rhode Island 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 02816 housing market?
02816 is very competitive. Homes sell in 39 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 39 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 days.
Homes in this area are served by the Coventry School District.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Washington Oak School
Public • PreK-5
662
Students
4 reviews
6/10
Tiogue School
Public • K-5
363
Students
2 reviews
4/10
Blackrock School
Public • K-5
350
Students
4 reviews
4/10
Hopkins Hill School
Public • K-5
371
Students
8 reviews
4/10
Western Coventry School
Public • K-5
349
Students
2 reviews
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 02816 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 02816.
Risk Factor
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
02816 has a major risk of flooding. 989 properties in 02816 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 02816. Flood risk is increasing slower than the national average.
80% of properties are at risk of wildfire over the next 30 years
Fire Factor
02816 has a moderate risk of wildfire. There are 8,668 properties in 02816 that have some risk of being affected by wildfire over the next 30 years. This represents 80% of all properties in 02816.
77% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
02816 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 02816 is most at risk from hurricanes. 8,283 properties in 02816 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 113 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 122 mph.