02892 Housing Market Report January 2025Washington County, Rhode Island

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Housing Prices in 02892, RI

How much do homes in 02892, 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.
$494,450$268/SqFt
-$30,550
-5.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 02892 has decreased by 5.8% since last year.

Summary: The median home list price in 02892 was $494,450 in January 2025, down 5.8% from the previous year, and the median price per square foot was $268.

Median List Price By City

Median List Price By City
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
02812
+14.1%
02892
-5.8%

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.
BedsJan 2024Jan 2025Change YoY
1-$349.9K
N/A
2$157K$194.9K
+24.1%
3$505K$559K
+10.7%
4$636.5K$665K
+4.5%
5$769K$550K
-28.5%

Summary: 02892 housing price by bedroom type for January 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 +24.1%. The home price for 3 bedroom homes increased by +10.7%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes decreased by -28.5%.

Housing supply in 02892, RI

How many homes are available in 02892, 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 MonthJan 2025
112 months agoDec 2024
-9.1 %
Change MoMDec – Jan

Summary: The 02892 real estate market had 10 homes for sale in Jan 2025, a 9.1 % decrease compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
277
0.0%
332
-33.3%
401
+100.0%
510
-100.0%

Summary: 02892 housing inventory by bedroom type for January 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 increased by +100.0%. The inventory for 5 bedroom homes decreased by -100.0%.

Days on Market for 02892, RI

How long does it take to sell a home in 02892, 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
45 DaysThis YearJan 2025
82 Days1 year agoJan 2024
-44.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 02892 had an average listing age of 45 days in Jan 2025, down by 44.9% compared to the previous year.

Newest Listings in 02892, RI

What homes are available in 02892, RI?

MLS Disclaimers and Copyright

Based on information from Rhode Island State Wide MLS, for the period 02/01/2023 - 02/01/2025

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: 2/2/2025, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.