The 02864 housing market is very competitive. Homes in 02864 receive 5 offers on average and sell in around 20 days. The median sale price of a home in 02864 was $475K last month, up 15.2% since last year. The median sale price per square foot in 02864 is $243, up 12.7% since last year.
In April 2024, 02864 home prices were up 15.2% compared to last year, selling for a median price of $475K. On average, homes in 02864 sell after 20 days on the market compared to 39 days last year. There were 83 homes sold in April this year, up from 66 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
+15.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
02864, RI
$475,000
+15.2%
United States
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How hot is the 02864 housing market?
02864 is very competitive. Homes sell in 20.5 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 21 days.
Hot homes
can sell for about 6% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 02864 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 02864.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
02864 has a moderate risk of flooding. 1,063 properties in 02864 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 02864. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
02864 has a moderate risk of wildfire. There are 5,114 properties in 02864 that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in 02864.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
02864 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 02864 is most at risk from hurricanes. 14,083 properties in 02864 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 116 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 125 mph.