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Featured local agent — Narragansett Pier, RI
Sarah Mitchell
Compass Real Estate · Narragansett Pier, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Narragansett Pier, RI Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $753,111 |
| Median list price | $1.20M |
| Year-over-year price change | -7.9% |
| Average days on market | 32 days |
| Active inventory | 15 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $597/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 7 |
| Listings with a price cut | 13.3% |
| Market condition | Seller'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.50M | $786/sq ft | 3 | 36 days |
| Condo / Co-op | $725,000 | $586/sq ft | 3 | 29 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
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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