The 02831 housing market is very competitive. The median sale price of a home in 02831 was $645K last month, up 71.1% since last year. The median sale price per square foot in 02831 is $292, up 67.1% since last year.
In March 2024, 02831 home prices were up 71.1% compared to last year, selling for a median price of $645K. On average, homes in 02831 sell after 32 days on the market compared to 63 days last year. There were 13 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$645,000
+71.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
02831, RI
$645,000
+71.1%
United States
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How hot is the 02831 housing market?
02831 is very competitive. Homes sell in 29 days.
0
100
74
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 4% above list price and go pending in around 16 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 02831 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 02831.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
02831 has a minor risk of flooding. 23 properties in 02831 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 02831. Flood risk is increasing slower than the national average.
72% of properties are at risk of wildfire over the next 30 years
Fire Factor
02831 has a moderate risk of wildfire. There are 438 properties in 02831 that have some risk of being affected by wildfire over the next 30 years. This represents 72% of all properties in 02831.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
02831 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 02831 is most at risk from hurricanes. 597 properties in 02831 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 99 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.