Westerly, RI Housing Market & Real Estate

Seller's market+17.6% YoY

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?

Seller's market2.7 months of supply65 avg. days on 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

Current housing market statistics for Westerly, RI
MetricValue
Median sale price$500,000
Median list price$549,000
Year-over-year price change+17.6%
Average days on market65 days
Active inventory19 listings
Months of supply2.7 months
Sale-to-list price ratio100.5%
Market conditionSeller'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

Price drops:5.3%of listings
Sale-to-list:100.5%

Explore nearby cities in RI

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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