Westerly, RI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Westerly, RI is $500,000, up 17.6% year-over-year. Homes sell in an average of 65 days with 19 active listings. The market is currently a seller's market.
$500,000median sale price
Is Westerly a buyer's or seller's market?
Westerly, RI is currently a seller's market, based on 2.7 months of supply and homes selling in about 65 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
65
Average pace
Active listings
19
2.7 months supply
Sale-to-list
100.5%
Above asking
Westerly, RI market data
| Metric | Value |
|---|---|
| Median sale price | $500,000 |
| Median list price | $549,000 |
| Year-over-year price change | +17.6% |
| Average days on market | 65 days |
| Active inventory | 19 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 100.5% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Westerly housing market is currently classified as a seller's market with a median sale price of $500,000. Prices have risen 17.6% compared to last year, with homes spending an average of 65 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Westerly
There are currently 19 homes listed for sale in Westerly, Rhode Island. The median listing price is $549K.
Active listings
19
Homes on market
Median list price
$549K
Avg. days on market
65
Days until sale
New this week
15
Newly listed
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Frequently asked questions
What is the average home price in Westerly?
The median home sale price in Westerly is $500,000, up 17.6% from last year.
How long do homes stay on market in Westerly?
Homes typically spend 65 days on market before going under contract.
Is Westerly a buyer's or seller's market?
With 2.7 months of supply, Westerly is currently a seller's market.
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