#1391358, Listing office: Olga B. Goff Real Estate
02891 Housing Market Report July 2025•Washington County, Rhode Island
Housing Prices in 02891, RI
How much do homes in 02891, RI cost?
Housing Market Conditions
Is 02891, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02891 is a Seller's Market
Difference Since July 2024
Since last year, 02891 has remained a Seller's Market.
02891 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 02891 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 02891 was $525,000 in July 2025, up 5.2% from last year, and the median price per square foot was $329.
Median Sold Price By Bedrooms
Beds | Jul 2024 | Jul 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $565K | $273K | -51.7% |
22 Bedrooms | $400K | $457.4K | +14.3% |
33 Bedrooms | $530K | $627K | +18.3% |
44 Bedrooms | $625K | $761.5K | +21.8% |
55+ Bedrooms | $642K | $600K | -6.5% |
Summary: 02891 housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -51.7%. The home price for 2 bedroom homes increased by +14.3%. The home price for 3 bedroom homes increased by +18.3%. The home price for 4 bedroom homes increased by +21.8%. The home price for 5 bedroom homes decreased by -6.5%.
How does 02891, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
02891, RI
Housing supply in 02891, RI
How many homes are available in 02891, RI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
130Last MonthJul 2025 | ||
1262 months agoJun 2025 | +3.2 % Change MoMJun – Jul |
Summary: The 02891 real estate market had 130 homes for sale in Jul 2025, a 3.2 % increase compared to Jun 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthJul 2025 | ||
372 months agoJun 2025 | -32.4 % Change MoMJun – Jul |
Homes For Sale By Bedroom Count
Beds | Jun 2025 | Jul 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 7 | 8 | +14.3% |
22 Bedrooms | 47 | 36 | -23.4% |
33 Bedrooms | 45 | 51 | +13.3% |
44 Bedrooms | 15 | 18 | +20.0% |
55+ Bedrooms | 12 | 17 | +41.7% |
Summary: 02891 housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes decreased by -23.4%. The inventory for 3 bedroom homes increased by +13.3%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +41.7%.
Asking Price vs. Sold Price
How much do homes in 02891, RI cost?
Over Asking Price9 Homes
At Asking Price7 Homes
Under Asking Price9 Homes
If you're buying a home in 02891, you may be able to get a good deal. 36% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 02891 in July 2025, down by 32.4% month-over-month. Of the 25 sold homes, 36% were sold under asking, 28% were sold at asking, and and 36% were sold over asking.
Days on Market for 02891, RI
How long does it take to sell a home in 02891, RI?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days8 Homes
Over 90 Days4 Homes
Many homes in 02891 are selling fast, if you're buying plan to act quickly.
Summary: During July 2025, 25 homes were sold in 02891; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
55 DaysThis YearJul 2025 | ||
26 Days1 year agoJul 2024 | +109.1 % Change YoYJul 2024 – Jul 2025 |
Summary: Homes in 02891 had an average listing age of 55 days in Jul 2025, up by 109.1% compared to the previous year.
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Newest Listings in 02891, RI
What homes are available in 02891, RI?
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, MLS Property Information Network Inc., and SmartMLS for the period 08/01/2023 - 08/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:30 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: 8/3/2025, 9:45:26 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: 8/3/2025, 9:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.