New Listing
6
$108,900
Plainfield Pike
Cranston, RI 02920
0 ba
Land5,000 sqft lot
View photos & details
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Sarah Mitchell
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Compass Real Estate · Cranston, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Cranston, RI(512) 555-0184TX License #0512847
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Cranston, RI Housing Market & Real Estate
Seller's market+7.9% YoY
Housing market overview · Updated monthly ·
$480,000median sale price
How is the Cranston, RI housing market right now?
The median home sale price in Cranston, RI is $480,000, up 7.9% year-over-year. Homes sell in an average of 26 days with 125 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cranston a buyer's or seller's market?
Seller's market2.1 months of supply26 avg. days on market
Cranston, RI is currently a seller's market, based on 2.1 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
59
Last 12 weeks
Days on market
26
Average pace
Active listings
125
2.1 months supply
Sale-to-list
101.8%
Above asking
What does the Cranston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $480,000 |
| Median list price | $499,900 |
| Year-over-year price change | +7.9% |
| Average days on market | 26 days |
| Active inventory | 125 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $271/sq ft |
| Homes sold (latest month) | 59 |
| New listings (latest month) | 115 |
| Listings with a price cut | 14.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cranston by property type?
How the Cranston, RI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $478,000 | $294/sq ft | 49 | 19 days |
| Condo / Co-op | $383,600 | $259/sq ft | 3 | 26 days |
Source: Redfin · Updated monthly
The Cranston housing market is currently classified as a seller's market with a median sale price of $480,000. Prices have risen 7.9% compared to last year, with homes spending an average of 26 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Cranston
There are currently 125 homes listed for sale in Cranston, Rhode Island. The median listing price is $500K. Featured listings range from $108,900 to $729,000.
New Listing
11
$312,500
181 Grace St
Cranston, RI 02910
2 bd2 ba1,116 sqft$280/ft²
House6,250 sqft lot
View photos & details
New Listing
43
$449,000
148 Wayland Ave
Cranston, RI 02920
3 bd2 ba1,464 sqft$307/ft²
House8,975 sqft lot
View photos & details
New Listing
31
$450,000
200 Bracken St
Cranston, RI 02920
4 bd2 ba1,497 sqft$301/ft²
House3,200 sqft lot
View photos & details
New Listing
34
$479,000
64 Julia St
Cranston, RI 02910
3 bd2 ba1,444 sqft$332/ft²
House4,792 sqft lot
Sherri Maestas · Century 21 Limitless
View photos & details
39
$499,900
44 Village Ave
Cranston, RI 02920
3 bd2 ba1,184 sqft$422/ft²
House20,473 sqft lot
View photos & details
New Listing
16
$530,000
288 Pontiac Ave
Cranston, RI 02910
4 bd2 ba3,736 sqft$142/ft²
Multi-family6,098 sqft lot
View photos & details
New Listing
34
$536,000
527 Laurel Hill Ave
Cranston, RI 02920
4 bd3 ba1,944 sqft$276/ft²
Multi-family5,000 sqft lot
View photos & details
New Listing
44
$549,900
9 Williston St
Cranston, RI 02920
4 bd2 ba2,040 sqft$270/ft²
House7,405 sqft lot
View photos & details
New Listing
45
$699,000
12 Coldbrook Ct
Cranston, RI 02920
3 bd2 ba1,876 sqft$373/ft²
House7,405 sqft lot
View photos & details
New Listing
37
$699,900
74 Woodside St
Cranston, RI 02920
3 bd3 ba1,750 sqft$400/ft²
House8,000 sqft lot
View photos & details
New Listing
45
$729,000
117 Moccasin Trl
Cranston, RI 02921
4 bd2 ba2,400 sqft$304/ft²
House18,313 sqft lot
View photos & details
Looking to buy in Cranston?
Get connected with a local real estate expert — free, no obligation.
Active listings
125
Homes on market
Median list price
$500K
Avg. days on market
26
Days until sale
New this week
115
Newly listed
Price drops:14.4%of listings
Sale-to-list:101.8%
Who lives in Cranston?
Population
82,632
Median income
$87,716/yr
Median age
40.1 years
Owner-occupied
67.3%
College grads
35.8%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Cranston?
Zillow home value
$462,629
Zillow rent index
$2,009/mo
Price-to-rent ratio
19.2x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Cranston?
Cranston is a community of approximately 83K residents with a median age of 40.1 years.The median household income is $87,716, which reflects a relatively affluent area with strong earning potential. 35.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cranston offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cranston?
25 schools tracked · 10,813 students
The largest public schools serving Cranston, RI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cranston High School West
Grades 9-12 · 1,698 students
Cranston High School East
Grades 9-12 · 1,513 students
Western Hills Middle School
Grades 6-8 · 700 students
Park View Middle School
Grades 6-8 · 693 students
Hugh B. Bain Middle School
Grades 6-8 · 536 students
Garden City School
Grades K-5 · 510 students
Achievement First Iluminar
Grades K-4 · 470 students
Orchard Farms El. School
Grades PK-5 · 465 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cranston, RI?
Want a head-to-head view? Compare Cranston side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Cranston?
Is Cranston a good real estate investment market?
For investors evaluating Cranston, the price-to-rent ratio of 19.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 7.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cranston's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cranston's median home price.
Frequently asked questions
What is the average home price in Cranston?
The median home sale price in Cranston is $480,000, up 7.9% from last year.
How long do homes stay on market in Cranston?
Homes typically spend 26 days on market before going under contract.
What is the median income in Cranston?
The median household income is $87,716 per year.
Is Cranston a buyer's or seller's market?
With 2.1 months of supply, Cranston is currently a seller's market.
How many homes are for sale in Cranston?
There are currently 125 homes listed for sale in Cranston, RI.
What is the Zillow home value estimate for Cranston?
The Zillow Home Value Index (ZHVI) for Cranston is $462,629, representing the typical home value in the area.
What is the median condo price in Cranston?
The median condo/co-op sale price in Cranston, RI is $383,600, compared to $478,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cranston?
The median single-family home price in Cranston, RI is $478,000 (about $294 per square foot).
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