The Federal Hill housing market is very competitive. The median sale price of a home in Federal Hill was $500K last month, down 17.0% since last year. The median sale price per square foot in Federal Hill is $200, down 4.3% since last year.
What is the housing market like in Federal Hill today?
In October 2024, Federal Hill home prices were down 17.0% compared to last year, selling for a median price of $500K. On average, homes in Federal Hill sell after 31 days on the market compared to 24 days last year. There were 15 homes sold in October this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
-17.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Federal Hill, RI
$500,000
-17.0%
United States
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How hot is the Federal Hill housing market?
Federal Hill is very competitive. Homes sell in 34 days.
0
100
71
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for about 1% above list price and go pending in around 10 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 Federal Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Federal Hill.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Federal Hill has a minor risk of flooding. 153 properties in Federal Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Federal Hill. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Federal Hill has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Federal Hill is most at risk from hurricanes. 1,655 properties in Federal Hill 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 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.