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Featured local agent — East Greenwich, RI
Sarah Mitchell
Compass Real Estate · East Greenwich, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Greenwich, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$825,000median sale price
How is the East Greenwich, RI housing market right now?
The median home sale price in East Greenwich, RI is $825,000, down 24.8% year-over-year. Homes sell in an average of 50 days with 39 active listings. The market is currently a balanced 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 East Greenwich a buyer's or seller's market?
East Greenwich, RI is currently a balanced market, based on 3.0 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
50
Average pace
Active listings
39
3.0 months supply
Sale-to-list
100.0%
Below asking
What does the East Greenwich housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $825,000 |
| Median list price | $799,000 |
| Year-over-year price change | -24.8% |
| Average days on market | 50 days |
| Active inventory | 39 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $354/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 31 |
| Listings with a price cut | 5.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in East Greenwich by property type?
How the East Greenwich, 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 | $1.04M | $337/sq ft | 9 | 43 days |
| Condo / Co-op | $547,500 | $470/sq ft | 4 | 111 days |
Source: Redfin · Updated monthly
The East Greenwich housing market is currently classified as a balanced market with a median sale price of $825,000. Prices have fallen 24.8% compared to last year, with homes spending an average of 50 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in East Greenwich
There are currently 39 homes listed for sale in East Greenwich, Rhode Island. The median listing price is $799K.
Active listings
39
Homes on market
Median list price
$799K
Avg. days on market
50
Days until sale
New this week
31
Newly listed
What are homes worth in East Greenwich?
Zillow home value
$829,589
Zillow rent index
$2,858/mo
Price-to-rent ratio
24.2x
Source: Zillow Research
Which public schools serve East Greenwich?
6 schools tracked · 2,504 students
The largest public schools serving East Greenwich, 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.
East Greenwich High
Grades 9-12 · 742 students
Archie R. Cole MS
Grades 6-8 · 612 students
Meadowbrook Farms School
Grades PK-2 · 307 students
Frenchtown School
Grades K-2 · 288 students
James H. Eldredge School
Grades 3-5 · 279 students
George Hanaford School
Grades 3-5 · 276 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 East Greenwich, RI?
Want a head-to-head view? Compare East Greenwich side-by-side with any other U.S. city using our market-comparison tool.
Is East Greenwich a good real estate investment market?
For investors evaluating East Greenwich, the price-to-rent ratio of 24.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 24.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on East Greenwich's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using East Greenwich's median home price.
Frequently asked questions
What is the average home price in East Greenwich?
The median home sale price in East Greenwich is $825,000, down 24.8% from last year.
How long do homes stay on market in East Greenwich?
Homes typically spend 50 days on market before going under contract.
Is East Greenwich a buyer's or seller's market?
With 3.0 months of supply, East Greenwich is currently a balanced market.
What is the Zillow home value estimate for East Greenwich?
The Zillow Home Value Index (ZHVI) for East Greenwich is $829,589, representing the typical home value in the area.
What is the median condo price in East Greenwich?
The median condo/co-op sale price in East Greenwich, RI is $547,500, compared to $1.04M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in East Greenwich?
The median single-family home price in East Greenwich, RI is $1.04M (about $337 per square foot).
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