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Sarah Mitchell

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Compass Real Estate · Glocester, RI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Glocester, RI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Glocester, RI Housing Market

Leaning buyer's+2.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Glocester, RI is worth $508,589, rose 2.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $440,000, -11.1% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 91 days, Glocester is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $508,589 home is about $2,715/mo in principal and interest.

Key numbers for Glocester, RI

Typical home value

$508,589

+2.0% in 12 months

Zillow, August 2026

Median sale price

$440,000

-11.1% year over year

Redfin, through May 2026

Days on market

91

Slow-moving

Redfin, through May 2026

Active listings

23

3.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Sale-to-list ratio

89.8%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Glocester a buyer's or seller's market?

Leaning buyer's3.3 months of supply91 days on market89.8% of asking

Glocester, RI is a leaning buyer's, based on 3.3 months of supply and homes selling in about 91 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Glocester housing market data show?

Every row below is Redfin's final published month for Glocester, RI. Redfin, through May 2026

Housing market statistics for Glocester, RI, Redfin through May 2026
MetricValue
Median sale price$440,000
Median list price$548,750
Year-over-year price change-11.1%
Median price per sq ft$262/sq ft
Median days on market91 days
Active inventory23 listings
Months of supply3.3 months
Sale-to-list price ratio89.8%
Homes sold (that month)7
New listings (that month)24
Listings with a price cut8.7%
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Glocester is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Glocester is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Glocester home prices moved?

Over the last three years the median sale price in Glocester, RI rose 10.0%, from $400,000 to $440,000. The live Zillow value series has rose 2.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 8.7% of Glocester listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 89.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Glocester?

Priced off the typical home value of $508,589 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Glocester, RI
Down paymentCash at closeLoan amountMonthly P&I
20%$101,718$406,871$2,715/mo
5%$25,429$483,159$3,224/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,715, that implies roughly $116,362 a year before you add taxes and insurance. We do not hold a Census income figure for Glocester, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Glocester in the next 12 months?

Tell us your timeline. We send the Glocester market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Glocester?

Zillow does not publish a rent index (ZORI) for Glocester, RI, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Glocester?

Active listings in Glocester, RI went from 28 in May 2025 to 23 in May 2026, a -17.9% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Glocester, RI
MonthActive listingsNew listings
June 20252916
July 2025308
August 20252411
September 20253720
October 20252810
November 2025208
December 2025164
January 2026178
February 2026145
March 2026113
April 20261410
May 20262324

Redfin, through May 2026

How does Glocester compare to Rhode Island and the U.S.?

Glocester homes sell for $440,000 — 18% below the Rhode Island median of $536,900. Against the national median of $410,700, Glocester runs 7% higher. Year-over-year, Glocester moved -11.1% against Rhode Island's +3.3% — a bigger swing than the state as a whole.

Glocester, RI compared with Rhode Island and the United States
MarketMedian sale priceYoYDays on market
Glocester, RI$440,000-11.1%91 days
Rhode Island statewide$536,900+3.3%26 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Glocester

What buyers should watch

  • Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 8.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $509 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $508,589 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Glocester listing goes under contract in 91 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 89.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Glocester added 24 new listings against 7 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +2.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Glocester varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Glocester

There are currently 23 homes listed for sale in Glocester, Rhode Island. The median listing price is $549K.

Active listings

23

Homes on market

Median list price

$549K

Avg. days on market

91

Days until sale

New this week

24

Newly listed

Price drops:8.7%of listings
Sale-to-list:89.8%

How much do homes cost in Glocester by property type?

How the Glocester, RI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Glocester, RI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$440,000$262/sq ft791 days
Condo / co-op$512,550$373/sq ft278 days

Which cities are near Glocester, RI?

Ordered by distance from Glocester, not by size. Compare Glocester side by side with any of them.

Glocester housing market FAQ

Is Glocester a buyer's or seller's market?

Glocester, RI is currently a leaning buyer's. That read comes from 3.3 months of supply, homes going under contract in about 91 days, and sellers getting 89.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Glocester?

The typical home in Glocester, RI is worth $508,589 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $440,000, about $262 per square foot.

Is Glocester cheaper than the rest of Rhode Island?

Glocester's median sale price of $440,000 is 18% lower than the Rhode Island statewide median of $536,900, and 7% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Glocester?

Homes in Glocester, RI spent a median of 91 days on market before going under contract, versus 26 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Glocester?

At the current 30-year fixed rate of 7.03%, 20% down on a $508,589 home is about $2,715 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $116,362 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Glocester?

The typical home value in Glocester, RI rose 2.0% over the last 12 months, from $498,691 to $508,589 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Glocester?

Glocester ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Glocester?

That depends on your timeline, not on a headline. What the data says today: Glocester, RI is a leaning buyer's with 3.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $508,589, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.