02876
$425,000median sale price
The 02876 zip code, located in South Kingstown, RI, is currently classified as a leaning buyer's. The median sale price stands at $425,000, representing a -11.5% change year over year. Homes in this area spend an average of 88 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 02876 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
88
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
Market trends
Market analysis for 02876
The 02876 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 02876 have declined -11.5% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
355
Median age
50.5 years
College grads
1894.0%
Living in 02876
Zip code 02876 is home to approximately 355 residents. With a median age of 50.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.
About 1894.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 02876.
Frequently asked questions about 02876
What is the median home price in 02876?
The current median sale price in 02876 is $425,000, based on recent Redfin transaction data. Prices have changed -11.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 02876 a buyer's or seller's market?
The 02876 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 02876?
Zip code 02876 has a population of approximately 355 residents.0 This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 02876?
Properties Incorporated provides comprehensive data for 02876 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 02876 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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