The 02842 housing market is somewhat competitive. The median sale price of a home in 02842 was $745K last month, up 8.8% since last year. The median sale price per square foot in 02842 is $401, up 10.5% since last year.
In October 2024, 02842 home prices were up 8.8% compared to last year, selling for a median price of $745K. On average, homes in 02842 sell after 51 days on the market compared to 41 days last year. There were 51 homes sold in October this year, up from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$745,000
+8.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
02842, RI
$745,000
+8.8%
United States
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How hot is the 02842 housing market?
02842 is somewhat competitive. Homes sell in 51 days.
0
100
54
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 31 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 02842 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 02842.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
02842 has a minor risk of flooding. 108 properties in 02842 are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in 02842. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
02842 has a moderate risk of wildfire. There are 42 properties in 02842 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 02842.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
02842 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 02842 is most at risk from hurricanes. 5,894 properties in 02842 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 154 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.