Rhode Island Real Estate & Property Data

Rhode Island Real Estate Market Trends
Last Updated: March 28, 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 14,917 residential properties sold in the Rhode Island real estate market over the past 12 months. As of January 2024, the median home price in RI on single-family homes is $425,000. The median single-family home value for properties over the last 12 months is $443,715. Currently, the State of Rhode Island has 56 properties in foreclosure and 3 REOs (real estate bank owned).

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 326,984
Total Commercial Properties 22,260
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 1,659
Total 2024 Residential Sales (year-to-date) 929
% of Homes Seriously Underwater (Q1 2024) 0.46%
Total 2023 Residential Sales 13,988
% of Equity Rich Homes (Q1 2024) 50.92%
Effective 2023 Property Tax 1.01%
Total Foreclosure Filings (year-to-date) 56
Interested in Purchasing National or Rhode Island Property Data?

Rhode Island Real Estate Overview

There were 14,917 residential properties sold in the past year in Rhode Island. The median home value in Rhode Island is $443,715. There are a total of 326,984 residential properties in the RI.

Median Sales Price i
$425,000
(Jan 2024)
+10.4%
year-over-year
y-o-y
  • January '24 Jan '24 $425,000
  • December '23 Dec '23 $400,000
  • 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 $400,450
  • April '23 Apr '23 $385,000
  • March '23 Mar '23 $380,000
  • February '23 Feb '23 $355,000
Median Down Payment i
$72,500
(Jan 2024)
+20.8%
year-over-year
y-o-y
  • January '24 Jan '24 $72,500
  • December '23 Dec '23 $70,000
  • November '23 Nov '23 $55,532
  • October '23 Oct '23 $52,125
  • September '23 Sep '23 $64,471
  • August '23 Aug '23 $69,656
  • July '23 Jul '23 $66,500
  • June '23 Jun '23 $63,500
  • May '23 May '23 $50,000
  • April '23 Apr '23 $44,500
  • March '23 Mar '23 $50,000
  • February '23 Feb '23 $46,000
Number of Homes Sold i
929
(Jan 2024)
+0.4%
year-over-year
y-o-y
  • January '24 Jan '24 929
  • December '23 Dec '23 1,077
  • November '23 Nov '23 1,053
  • October '23 Oct '23 1,215
  • September '23 Sep '23 1,301
  • August '23 Aug '23 1,361
  • July '23 Jul '23 1,242
  • June '23 Jun '23 1,542
  • May '23 May '23 1,319
  • April '23 Apr '23 1,042
  • March '23 Mar '23 1,088
  • February '23 Feb '23 823
Number of Purchase Loans i
441
(Jan 2024)
-13.7%
year-over-year
y-o-y
  • January '24 Jan '24 441
  • December '23 Dec '23 543
  • November '23 Nov '23 555
  • October '23 Oct '23 621
  • September '23 Sep '23 726
  • August '23 Aug '23 784
  • July '23 Jul '23 722
  • June '23 Jun '23 872
  • May '23 May '23 754
  • April '23 Apr '23 598
  • March '23 Mar '23 566
  • February '23 Feb '23 409
Number of REFI Loans i
800
(Jan 2024)
+5.1%
year-over-year
y-o-y
  • January '24 Jan '24 800
  • December '23 Dec '23 807
  • November '23 Nov '23 862
  • October '23 Oct '23 1,002
  • September '23 Sep '23 895
  • August '23 Aug '23 1,054
  • July '23 Jul '23 903
  • June '23 Jun '23 1,013
  • May '23 May '23 1,075
  • April '23 Apr '23 929
  • March '23 Mar '23 958
  • February '23 Feb '23 759
Number of HELOC Loans i
107
(Jan 2024)
-2.7%
year-over-year
y-o-y
  • January '24 Jan '24 107
  • December '23 Dec '23 95
  • 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
  • February '23 Feb '23 75

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 56 Rhode Island properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 52 Rhode Island properties and repossessed 3 Rhode Island properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
56
(Jan 2024)
+19.1%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 59
Foreclosure Starts i
52
(Jan 2024)
+13%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 59
Completed Foreclosures (REOs) i
3
(Jan 2024)
-57.1%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 9
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Rhode Island property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.