Narragansett, RI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Narragansett, RI is $800,000, up 21.4% year-over-year. Homes sell in an average of 72 days with 30 active listings. The market is currently a balanced market.
$800,000median sale price
Is Narragansett a buyer's or seller's market?
Narragansett, RI is currently a balanced market, based on 2.3 months of supply and homes selling in about 72 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
72
Average pace
Active listings
30
2.3 months supply
Sale-to-list
96.1%
Below asking
Narragansett, RI market data
| Metric | Value |
|---|---|
| Median sale price | $800,000 |
| Median list price | $825,000 |
| Year-over-year price change | +21.4% |
| Average days on market | 72 days |
| Active inventory | 30 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 96.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Narragansett housing market is currently classified as a balanced market with a median sale price of $800,000. Prices have risen 21.4% compared to last year, with homes spending an average of 72 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Narragansett
There are currently 30 homes listed for sale in Narragansett, Rhode Island. The median listing price is $825K.
Active listings
30
Homes on market
Median list price
$825K
Avg. days on market
72
Days until sale
New this week
13
Newly listed
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Frequently asked questions
What is the average home price in Narragansett?
The median home sale price in Narragansett is $800,000, up 21.4% from last year.
How long do homes stay on market in Narragansett?
Homes typically spend 72 days on market before going under contract.
Is Narragansett a buyer's or seller's market?
With 2.3 months of supply, Narragansett is currently a balanced market.
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