The 02891 housing market is very competitive. The median sale price of a home in 02891 was $561K last month, up 23.3% since last year. The median sale price per square foot in 02891 is $281, up 21.6% since last year.
In March 2024, 02891 home prices were up 23.3% compared to last year, selling for a median price of $561K. On average, homes in 02891 sell after 36 days on the market compared to 38 days last year. There were 54 homes sold in March this year, up from 48 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$560,500
+23.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
02891, RI
$560,500
+23.3%
United States
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How hot is the 02891 housing market?
02891 is very competitive. Homes sell in 29 days.
0
100
71
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 2% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 7 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 02891 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 02891.
Risk Factor
Flood Factor - Major
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
02891 has a major risk of flooding. 1,903 properties in 02891 are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in 02891. Flood risk is increasing faster than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
02891 has a moderate risk of wildfire. There are 3,125 properties in 02891 that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in 02891.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
02891 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 02891 is most at risk from hurricanes. 11,247 properties in 02891 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 146 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 160 mph.