02837 Housing Market Report February 2025Newport County, Rhode Island

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Housing Prices in 02837, RI

How much do homes in 02837, RI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$992,250$450/SqFt
+$47,250
+5.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 02837 has increased by 5% since last year.

Summary: The median home list price in 02837 was $992,250 in February 2025, up 5% from the previous year, and the median price per square foot was $450.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
02871
+8.0%
02842
+7.2%
02837
+5.0%
02878
+3.5%
02790
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$99.9K-
N/A
2$647K$725K
+12.1%
3$995K$950K
-4.5%
4$874.9K$1.2M
+42.9%
5$1.2M$2.3M
+97.7%

Summary: 02837 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.1%. The home price for 3 bedroom homes decreased by -4.5%. The home price for 4 bedroom homes increased by +42.9%. The home price for 5 bedroom homes increased by +97.7%.

How does 02837, RI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

02837, RI

Housing supply in 02837, RI

How many homes are available in 02837, RI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
10Last MonthFeb 2025
112 months agoJan 2025
-9.1 %
Change MoMJan – Feb

Summary: The 02837 real estate market had 10 homes for sale in Feb 2025, a 9.1 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
332
-33.3%
422
0.0%
555
0.0%

Summary: 02837 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 02837, RI

How long does it take to sell a home in 02837, RI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
135 DaysThis YearFeb 2025
132 Days1 year agoFeb 2024
+2.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 02837 had an average listing age of 135 days in Feb 2025, up by 2.4% compared to the previous year.

Newest Listings in 02837, RI

What homes are available in 02837, RI?

MLS Disclaimers and Copyright

Based on information from Rhode Island State Wide MLS, and MLS Property Information Network Inc. for the period 03/01/2023 - 03/01/2025

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: 3/13/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.