New Listing
7
$225,000
Quonset Ave
Warwick, RI 02889
0 ba
Land9,600 sqft lot
View photos & details
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Sarah Mitchell
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Compass Real Estate · Warwick, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Warwick, RI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Warwick, RI Housing Market & Real Estate
Strong seller's market-0.1% YoY
Housing market overview · Updated monthly ·
$431,000median sale price
How is the Warwick, RI housing market right now?
The median home sale price in Warwick, RI is $431,000, down 0.1% year-over-year. Homes sell in an average of 25 days with 153 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 Warwick a buyer's or seller's market?
Strong seller's market1.8 months of supply25 avg. days on market
Warwick, RI is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
83
Last 12 weeks
Days on market
25
Average pace
Active listings
153
1.8 months supply
Sale-to-list
102.3%
Above asking
What does the Warwick housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $431,000 |
| Median list price | $419,000 |
| Year-over-year price change | -0.1% |
| Average days on market | 25 days |
| Active inventory | 153 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $329/sq ft |
| Homes sold (latest month) | 83 |
| New listings (latest month) | 129 |
| Listings with a price cut | 20.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Warwick by property type?
How the Warwick, 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 | $445,000 | $329/sq ft | 67 | 24 days |
| Condo / Co-op | $335,000 | $284/sq ft | 15 | 44 days |
Source: Redfin · Updated monthly
The Warwick housing market is currently classified as a strong seller's market with a median sale price of $431,000. Prices have fallen 0.1% compared to last year, with homes spending an average of 25 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.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Warwick
There are currently 153 homes listed for sale in Warwick, Rhode Island. The median listing price is $419K. Featured listings range from $225,000 to $599,000.
New Listing
32
$265,000
68 Lane 5
Warwick, RI 02888
1 bd1 ba863 sqft$307/ft²
House
The Home Team · HomeSmart First Class Realty
View photos & details
New Listing
26
$364,900
28 Fulton St
Warwick, RI 02889
3 bd1 ba1,062 sqft$344/ft²
House3,485 sqft lot
View photos & details
New Listing
28
$375,000
79 Bellevue Ave
Warwick, RI 02888
3 bd1 ba1,400 sqft$268/ft²
House5,227 sqft lot
View photos & details
New Listing
49
$475,000
179 Lane 4 Rd
Warwick, RI 02888
2 bd3 ba1,608 sqft$295/ft²
House
Sandra Conway Catanzaro · HomeSmart First Class Realty
View photos & details
New Listing
11
$499,000
21 Madison St
Warwick, RI 02888
3 bd3 ba1,400 sqft$356/ft²
House14,810 sqft lot
View photos & details
New Listing
33
$499,900
111 Beechcrest St
Warwick, RI 02888
3 bd2 ba1,512 sqft$331/ft²
House8,276 sqft lot
View photos & details
New Listing
47
$500,000
85 Gillan Ave
Warwick, RI 02886
3 bd3 ba1,592 sqft$314/ft²
House6,534 sqft lot
View photos & details
New Listing
30
$519,900
12 Railroad Row
Warwick, RI 02886
3 bd1 ba1,685 sqft$309/ft²
House10,454 sqft lot
View photos & details
New Listing
4
$579,900
112 James St
Warwick, RI 02886
3 bd3 ba1,760 sqft$329/ft²
House7,200 sqft lot
View photos & details
New Listing
9
$579,900
104 James St
Warwick, RI 02886
3 bd3 ba1,760 sqft$329/ft²
House7,200 sqft lot
View photos & details
New Listing
48
$599,000
160 Suburban Pkwy
Warwick, RI 02889
4 bd4 ba2,628 sqft$228/ft²
House8,276 sqft lot
View photos & details
Looking to buy in Warwick?
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Active listings
153
Homes on market
Median list price
$419K
Avg. days on market
25
Days until sale
New this week
129
Newly listed
Price drops:20.3%of listings
Sale-to-list:102.3%
Who lives in Warwick?
Population
82,871
Median income
$87,536/yr
Median age
44.6 years
Owner-occupied
73.4%
College grads
33.2%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Warwick?
Zillow home value
$429,195
Zillow rent index
$2,220/mo
Price-to-rent ratio
16.1x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Warwick?
Warwick is a community of approximately 83K residents with a median age of 44.6 years.The median household income is $87,536, which reflects a relatively affluent area with strong earning potential. 33.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Warwick offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Warwick?
19 schools tracked · 7,771 students
The largest public schools serving Warwick, RI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Pilgrim High School
Grades 9-12 · 1,165 students
Toll Gate High School
Grades 9-12 · 1,149 students
Warwick Veterans Middle School
Grades 6-8 · 1,066 students
Winman Middle School
Grades 6-8 · 715 students
Oakland Beach School
Grades PK-5 · 335 students
Sherman School
Grades K-5 · 323 students
Cedar Hill School
Grades K-5 · 311 students
Warwick Neck School
Grades K-5 · 287 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Warwick, RI?
Want a head-to-head view? Compare Warwick side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Warwick?
Is Warwick a good real estate investment market?
For investors evaluating Warwick, the price-to-rent ratio of 16.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.1% 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 Warwick's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Warwick's median home price.
Frequently asked questions
What is the average home price in Warwick?
The median home sale price in Warwick is $431,000, down 0.1% from last year.
How long do homes stay on market in Warwick?
Homes typically spend 25 days on market before going under contract.
What is the median income in Warwick?
The median household income is $87,536 per year.
Is Warwick a buyer's or seller's market?
With 1.8 months of supply, Warwick is currently a strong seller's market.
How many homes are for sale in Warwick?
There are currently 153 homes listed for sale in Warwick, RI.
What is the Zillow home value estimate for Warwick?
The Zillow Home Value Index (ZHVI) for Warwick is $429,195, representing the typical home value in the area.
What is the median condo price in Warwick?
The median condo/co-op sale price in Warwick, RI is $335,000, compared to $445,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Warwick?
The median single-family home price in Warwick, RI is $445,000 (about $329 per square foot).
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