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Featured local agent — New Shoreham, RI
Sarah Mitchell
Compass Real Estate · New Shoreham, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Shoreham, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.66Mmedian sale price
How is the New Shoreham, RI housing market right now?
The median home sale price in New Shoreham, RI is $1.66M, down 34.8% year-over-year. Homes sell in an average of 221 days with 10 active listings. The market is currently a buyer'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 New Shoreham a buyer's or seller's market?
New Shoreham, RI is currently a buyer's market, based on 10.0 months of supply and homes selling in about 221 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
221
Average pace
Active listings
10
10.0 months supply
Sale-to-list
72.3%
Below asking
What does the New Shoreham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.66M |
| Median list price | $2.33M |
| Year-over-year price change | -34.8% |
| Average days on market | 221 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 72.3% |
| Median price per sq ft | $441/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 30.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Shoreham by property type?
How the New Shoreham, 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 | $3.00M | $1,210/sq ft | 1 | 133 days |
| Condo / Co-op | $2.25M | $1,304/sq ft | 1 | 17 days |
Source: Redfin · Updated monthly
The New Shoreham housing market is currently classified as a buyer's market with a median sale price of $1.66M. Prices have fallen 34.8% compared to last year, with homes spending an average of 221 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in New Shoreham
There are currently 10 homes listed for sale in New Shoreham, Rhode Island. The median listing price is $2.3M.
Active listings
10
Homes on market
Median list price
$2.3M
Avg. days on market
221
Days until sale
New this week
3
Newly listed
What are homes worth in New Shoreham?
Zillow home value
$1.84M
Source: Zillow Research
Which cities are near New Shoreham, RI?
Want a head-to-head view? Compare New Shoreham side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Shoreham?
The median home sale price in New Shoreham is $1.66M, down 34.8% from last year.
How long do homes stay on market in New Shoreham?
Homes typically spend 221 days on market before going under contract.
Is New Shoreham a buyer's or seller's market?
With 10.0 months of supply, New Shoreham is currently a buyer's market.
What is the Zillow home value estimate for New Shoreham?
The Zillow Home Value Index (ZHVI) for New Shoreham is $1.84M, representing the typical home value in the area.
What is the median condo price in New Shoreham?
The median condo/co-op sale price in New Shoreham, RI is $2.25M, compared to $3.00M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in New Shoreham?
The median single-family home price in New Shoreham, RI is $3.00M (about $1,210 per square foot).
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