3 days on Rocket
$4,334 Closing Credit¹
#1379307, Listing Office: Era Key Realty Services
02838 Housing Market Report February 2025•Providence County, Rhode Island
Housing Prices in 02838, RI
How much do homes in 02838, RI cost?
Housing Market Conditions
Is 02838, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02838 is a Seller's Market
Difference Since February 2024
Since last year, 02838 has remained a Seller's Market.
Insight
02838 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$317,100$275/SqFt
-$90,900
-22.3%
Based on all homes sold in the last 12 months
Insight
Homes in 02838 have sold for 22.3% less than they did a year ago.
Summary: The median home sold price in 02838 was $317,100 in February 2025, down 22.3% from last year, and the median price per square foot was $275.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $243K | $250.5K | +3.1% |
| 33 Bedrooms | $404K | $390K | -3.5% |
| 44 Bedrooms | $432.5K | $260K | -39.9% |
| 55+ Bedrooms | $490K | $460K | -6.1% |
Summary: 02838 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 +3.1%. The home price for 3 bedroom homes decreased by -3.5%. The home price for 4 bedroom homes decreased by -39.9%. The home price for 5 bedroom homes decreased by -6.1%.
How does 02838, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
02838, RI
Housing supply in 02838, RI
How many homes are available in 02838, RI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The 02838 real estate market had 5 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 02838 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 remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 02838, RI cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in 02838, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 02838 in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for 02838, RI
How long does it take to sell a home in 02838, RI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in 02838 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 2 homes were sold in 02838; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 26 DaysThis YearFeb 2025 | ||
| 29 Days1 year agoFeb 2024 | -12.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 02838 had an average listing age of 26 days in Feb 2025, down by 12.8% compared to the previous year.
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Newest Listings in 02838, RI
What homes are available in 02838, RI?
3 days on Rocket
$3,266 Closing Credit¹
#1379542, Listing Office: Keller Williams Coastal
$10,000 Closing Credit¹
#1379239, Listing Office: RE/MAX FLAGSHIP, INC.
Backup offers
$5,047 Closing Credit¹
#1377295, Listing Office: Williams & Stuart Real Estate
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, 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: 3/14/2025, 12:20:50 PM 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: 3/14/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.