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Featured local agent — South Kingstown, RI
Sarah Mitchell
Compass Real Estate · South Kingstown, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Kingstown, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$605,000median sale price
How is the South Kingstown, RI housing market right now?
The median home sale price in South Kingstown, RI is $605,000, down 24.9% year-over-year. Homes sell in an average of 27 days with 59 active listings. The market is currently a strong 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 South Kingstown a buyer's or seller's market?
South Kingstown, RI is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
27
Average pace
Active listings
59
1.8 months supply
Sale-to-list
101.1%
Above asking
What does the South Kingstown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $605,000 |
| Median list price | $825,000 |
| Year-over-year price change | -24.9% |
| Average days on market | 27 days |
| Active inventory | 59 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $367/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 39 |
| Listings with a price cut | 17.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Kingstown by property type?
How the South Kingstown, 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 | $605,000 | $367/sq ft | 23 | 23 days |
| Condo / Co-op | $661,232 | $472/sq ft | 8 | 53 days |
Source: Redfin · Updated monthly
The South Kingstown housing market is currently classified as a strong seller's market with a median sale price of $605,000. Prices have fallen 24.9% compared to last year, with homes spending an average of 27 days on market, indicating 1.8 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 South Kingstown
There are currently 59 homes listed for sale in South Kingstown, Rhode Island. The median listing price is $825K.
Active listings
59
Homes on market
Median list price
$825K
Avg. days on market
27
Days until sale
New this week
39
Newly listed
What are homes worth in South Kingstown?
Zillow home value
$732,659
Zillow rent index
$2,713/mo
Price-to-rent ratio
22.5x
Source: Zillow Research
Which cities are near South Kingstown, RI?
Want a head-to-head view? Compare South Kingstown side-by-side with any other U.S. city using our market-comparison tool.
Is South Kingstown a good real estate investment market?
For investors evaluating South Kingstown, the price-to-rent ratio of 22.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 24.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on South Kingstown's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Kingstown's median home price.
Frequently asked questions
What is the average home price in South Kingstown?
The median home sale price in South Kingstown is $605,000, down 24.9% from last year.
How long do homes stay on market in South Kingstown?
Homes typically spend 27 days on market before going under contract.
Is South Kingstown a buyer's or seller's market?
With 1.8 months of supply, South Kingstown is currently a strong seller's market.
What is the Zillow home value estimate for South Kingstown?
The Zillow Home Value Index (ZHVI) for South Kingstown is $732,659, representing the typical home value in the area.
What is the median condo price in South Kingstown?
The median condo/co-op sale price in South Kingstown, RI is $661,232, compared to $605,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Kingstown?
The median single-family home price in South Kingstown, RI is $605,000 (about $367 per square foot).
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