Rhode Island Real Estate & Property Data

Rhode Island Real Estate Market Trends
Last Updated: April 23, 2024

Get access to Rhode Island real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 14,944 residential properties sold in the Rhode Island real estate market over the past 12 months. As of February 2024, the median home price in RI on single-family homes is $416,000. The median single-family home value for properties over the last 12 months is $444,832. Currently, the State of Rhode Island has 72 properties in foreclosure.

See how easy it is to locate target properties in RI, build bespoke property reports, and create marketing lists from ATTOM’s Rhode Island real estate data.

Rhode Island Real Estate Market Trends
Total Residential Properties 327,117
Total Commercial Properties 21,766
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 1,659
Total 2024 Residential Sales (year-to-date) 1,782
% of Homes Seriously Underwater (Q2 2024) 0.46%
Total 2023 Residential Sales 14,095
% of Equity Rich Homes (Q2 2024) 50.99%
Effective 2023 Property Tax 1%
Total Foreclosure Filings (year-to-date) 128
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Rhode Island Real Estate Overview

There were 14,944 residential properties sold in the past year in Rhode Island. The median home value in Rhode Island is $444,832. There are a total of 327,117 residential properties in the RI.

Median Sales Price i
$416,000
(Feb 2024)
+17.2%
year-over-year
y-o-y
  • February '24 Feb '24 $416,000
  • January '24 Jan '24 $425,000
  • December '23 Dec '23 $402,000
  • November '23 Nov '23 $410,000
  • October '23 Oct '23 $400,000
  • September '23 Sep '23 $425,000
  • August '23 Aug '23 $410,000
  • July '23 Jul '23 $425,000
  • June '23 Jun '23 $420,000
  • May '23 May '23 $401,750
  • April '23 Apr '23 $385,000
  • March '23 Mar '23 $380,000
Median Down Payment i
$60,750
(Feb 2024)
+28.6%
year-over-year
y-o-y
  • February '24 Feb '24 $60,750
  • January '24 Jan '24 $72,500
  • December '23 Dec '23 $71,000
  • November '23 Nov '23 $58,875
  • October '23 Oct '23 $54,000
  • September '23 Sep '23 $64,771
  • August '23 Aug '23 $69,656
  • July '23 Jul '23 $66,500
  • June '23 Jun '23 $63,000
  • May '23 May '23 $50,000
  • April '23 Apr '23 $45,000
  • March '23 Mar '23 $50,000
Number of Homes Sold i
842
(Feb 2024)
+1.1%
year-over-year
y-o-y
  • February '24 Feb '24 842
  • January '24 Jan '24 940
  • December '23 Dec '23 1,080
  • November '23 Nov '23 1,058
  • October '23 Oct '23 1,218
  • September '23 Sep '23 1,320
  • August '23 Aug '23 1,364
  • July '23 Jul '23 1,247
  • June '23 Jun '23 1,554
  • May '23 May '23 1,338
  • April '23 Apr '23 1,053
  • March '23 Mar '23 1,097
Number of Purchase Loans i
477
(Feb 2024)
+15.5%
year-over-year
y-o-y
  • February '24 Feb '24 477
  • January '24 Jan '24 443
  • December '23 Dec '23 541
  • November '23 Nov '23 559
  • October '23 Oct '23 625
  • September '23 Sep '23 728
  • August '23 Aug '23 784
  • July '23 Jul '23 722
  • June '23 Jun '23 880
  • May '23 May '23 765
  • April '23 Apr '23 603
  • March '23 Mar '23 570
Number of REFI Loans i
728
(Feb 2024)
-3.7%
year-over-year
y-o-y
  • February '24 Feb '24 728
  • January '24 Jan '24 806
  • December '23 Dec '23 809
  • November '23 Nov '23 865
  • October '23 Oct '23 1,004
  • September '23 Sep '23 895
  • August '23 Aug '23 1,053
  • July '23 Jul '23 904
  • June '23 Jun '23 1,010
  • May '23 May '23 1,067
  • April '23 Apr '23 926
  • March '23 Mar '23 958
Number of HELOC Loans i
87
(Feb 2024)
+16%
year-over-year
y-o-y
  • February '24 Feb '24 87
  • January '24 Jan '24 107
  • December '23 Dec '23 96
  • November '23 Nov '23 106
  • October '23 Oct '23 92
  • September '23 Sep '23 123
  • August '23 Aug '23 108
  • July '23 Jul '23 92
  • June '23 Jun '23 135
  • May '23 May '23 125
  • April '23 Apr '23 116
  • March '23 Mar '23 125

Rhode Island Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Rhode Island Foreclosure Activity

There were a total of 72 Rhode Island properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
72
(Feb 2024)
+22%
year-over-year
y-o-y
  • February '24 Feb '24 72
  • January '24 Jan '24 56
  • December '23 Dec '23 53
  • November '23 Nov '23 49
  • October '23 Oct '23 42
  • September '23 Sep '23 61
  • August '23 Aug '23 35
  • July '23 Jul '23 60
  • June '23 Jun '23 76
  • May '23 May '23 88
  • April '23 Apr '23 29
  • March '23 Mar '23 48
Foreclosure Starts i
68
(Feb 2024)
+15.3%
year-over-year
y-o-y
  • February '24 Feb '24 68
  • January '24 Jan '24 52
  • December '23 Dec '23 50
  • November '23 Nov '23 46
  • October '23 Oct '23 32
  • September '23 Sep '23 52
  • August '23 Aug '23 31
  • July '23 Jul '23 50
  • June '23 Jun '23 75
  • May '23 May '23 82
  • April '23 Apr '23 29
  • March '23 Mar '23 48
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 4
  • July '23 Jul '23 20
  • June '23 Jun '23 7
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 6
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