1 day on Rocket
#1389426, Listing office: Bruce Allen, REALTORS
02818 Housing Market Report June 2025•Kent County, Rhode Island
Housing Prices in 02818, RI
How much do homes in 02818, RI cost?
Housing Market Conditions
Is 02818, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02818 is a Seller's Market
Difference Since June 2024
Since last year, 02818 has remained a Seller's Market.
Insight
02818 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$753,000$319/SqFt
+$118,000
+18.6%
Based on all homes sold in the last 12 months
Insight
Homes in 02818 have sold for 18.6% more than they did a year ago.
Summary: The median home sold price in 02818 was $753,000 in June 2025, up 18.6% from last year, and the median price per square foot was $319.
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $297.5K | $279.2K | -6.1% |
| 22 Bedrooms | $467K | $511K | +9.4% |
| 33 Bedrooms | $570K | $647.5K | +13.6% |
| 44 Bedrooms | $897.5K | $992.5K | +10.6% |
| 55+ Bedrooms | $831K | $1.1M | +43.4% |
Summary: 02818 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.1%. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes increased by +13.6%. The home price for 4 bedroom homes increased by +10.6%. The home price for 5 bedroom homes increased by +43.4%.
How does 02818, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
02818, RI
Housing supply in 02818, RI
How many homes are available in 02818, RI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 133Last MonthJun 2025 | ||
| 1082 months agoMay 2025 | +23.1 % Change MoMMay – Jun |
Summary: The 02818 real estate market had 133 homes for sale in Jun 2025, a 23.1 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthJun 2025 | ||
| 252 months agoMay 2025 | +52.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 7 | 8 | +14.3% |
| 22 Bedrooms | 18 | 26 | +44.4% |
| 33 Bedrooms | 30 | 38 | +26.7% |
| 44 Bedrooms | 42 | 48 | +14.3% |
| 55+ Bedrooms | 11 | 13 | +18.2% |
Summary: 02818 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes increased by +44.4%. The inventory for 3 bedroom homes increased by +26.7%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes increased by +18.2%.
Asking Price vs. Sold Price
How much do homes in 02818, RI cost?
Over Asking Price15 Homes
At Asking Price9 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in 02818, you could pay more than the asking price. 39.5% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in 02818 in June 2025, up by 52.0% month-over-month. Of the 38 sold homes, 37% were sold under asking, 24% were sold at asking, and and 39% were sold over asking.
Days on Market for 02818, RI
How long does it take to sell a home in 02818, RI?
Breakdown of Home Sale Times
Under 30 Days29 Homes
30 – 90 Days7 Homes
Over 90 Days2 Homes
Insight
Many homes in 02818 are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 38 homes were sold in 02818; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearJun 2025 | ||
| 20 Days1 year agoJun 2024 | +24.8 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 02818 had an average listing age of 25 days in Jun 2025, up by 24.8% compared to the previous year.
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Newest Listings in 02818, RI
What homes are available in 02818, RI?
3 days on Rocket
#1390390, Listing office: CARTY REALTY
4 days on Rocket
#1385847, Listing office: Mott & Chace Sotheby's Intl.
4 days on Rocket
#1390031, Listing office: Real Broker, LLC
5 days on Rocket
#1389481, Listing office: RE/MAX Professionals
7 days on Rocket
#1390015, Listing office: PlatLabs, LLC
Tour
#1389811, Listing office: Coldwell Banker Realty
#1389677, Listing office: Rhode Island Realty Group, LLC
#1389290, Listing office: Longvin Realty Inc
#1389480, Listing office: Coldwell Banker Realty
Backup offers
#1388323, Listing office: Coldwell Banker Realty
Backup offers
#1387915, Listing office: RI Real Estate Services
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, for the period 07/01/2023 - 07/01/2025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.