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Sarah Mitchell

CNESRESABR

Compass Real Estate · Narragansett Pier, RI

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

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

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Narragansett Pier, RI Housing Market & Real Estate

Seller's market-7.9% YoY

Housing market overview · Updated monthly ·

$753,111median sale price

How is the Narragansett Pier, RI housing market right now?

The median home sale price in Narragansett Pier, RI is $753,111, down 7.9% year-over-year. Homes sell in an average of 32 days with 15 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 Narragansett Pier a buyer's or seller's market?

Seller's market2.5 months of supply32 avg. days on market

Narragansett Pier, RI is currently a seller's market, based on 2.5 months of supply and homes selling in about 32 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

32

Average pace

Active listings

15

2.5 months supply

Sale-to-list

98.6%

Below asking

What does the Narragansett Pier housing market data show?

Current housing market statistics for Narragansett Pier, RI
MetricValue
Median sale price$753,111
Median list price$1.20M
Year-over-year price change-7.9%
Average days on market32 days
Active inventory15 listings
Months of supply2.5 months
Sale-to-list price ratio98.6%
Median price per sq ft$597/sq ft
Homes sold (latest month)6
New listings (latest month)7
Listings with a price cut13.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Narragansett Pier by property type?

How the Narragansett Pier, RI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Narragansett Pier, RI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.50M$786/sq ft336 days
Condo / Co-op$725,000$586/sq ft329 days

Source: Redfin · Updated monthly

The Narragansett Pier housing market is currently classified as a seller's market with a median sale price of $753,111. Prices have fallen 7.9% compared to last year, with homes spending an average of 32 days on market, indicating 2.5 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 Narragansett Pier

There are currently 15 homes listed for sale in Narragansett Pier, Rhode Island. The median listing price is $1.2M.

Active listings

15

Homes on market

Median list price

$1.2M

Avg. days on market

32

Days until sale

New this week

7

Newly listed

Price drops:13.3%of listings
Sale-to-list:98.6%

Who lives in Narragansett Pier?

Population

3,080

Median income

$79,683/yr

Median age

56.4 years

Owner-occupied

59.9%

College grads

57.5%

Avg commute

23.3 min

Source: U.S. Census Bureau ACS

What is it like to live in Narragansett Pier?

Narragansett Pier is a community of approximately 3K residents with a median age of 56.4 years.The median household income is $79,683, which reflects a relatively affluent area with strong earning potential. 57.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 59.9%, showing a blend of owner and renter-occupied properties. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Narragansett Pier offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Narragansett Pier, RI?

Want a head-to-head view? Compare Narragansett Pier side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Narragansett Pier?

The median home sale price in Narragansett Pier is $753,111, down 7.9% from last year.

How long do homes stay on market in Narragansett Pier?

Homes typically spend 32 days on market before going under contract.

What is the median income in Narragansett Pier?

The median household income is $79,683 per year.

Is Narragansett Pier a buyer's or seller's market?

With 2.5 months of supply, Narragansett Pier is currently a seller's market.

What is the median condo price in Narragansett Pier?

The median condo/co-op sale price in Narragansett Pier, RI is $725,000, compared to $1.50M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Narragansett Pier?

The median single-family home price in Narragansett Pier, RI is $1.50M (about $786 per square foot).

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