Rhode Island housing market
Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 8, 2026.
Rhode Island at a glance
NortheastSource: Realtor.com® Economic Research (Rhode Island, September 2026). Asking prices and active listings, not closed sales.
What the data says
- There are 16.9% more homes for sale in Rhode Island than a year ago.
- The median asking price is down 2.5% from a year ago.
- 12% of active listings have had at least one price reduction.
- The typical listing spends 38 days on the market, 1 day longer than a year ago.
Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.
Two-year trend
Median listing price, Rhode Island
| Period | Value |
|---|---|
| 2024-09-01 | $569K |
| 2024-10-01 | $554K |
| 2024-11-01 | $525K |
| 2024-12-01 | $500K |
| 2025-01-01 | $511K |
| 2025-02-01 | $525K |
| 2025-03-01 | $540K |
| 2025-04-01 | $577K |
| 2025-05-01 | $589K |
| 2025-06-01 | $599K |
| 2025-07-01 | $599K |
| 2025-08-01 | $584K |
| 2025-09-01 | $584K |
| 2025-10-01 | $572K |
| 2025-11-01 | $540K |
| 2025-12-01 | $538K |
| 2026-01-01 | $540K |
| 2026-02-01 | $542K |
| 2026-03-01 | $548K |
| 2026-04-01 | $582K |
| 2026-05-01 | $599K |
| 2026-06-01 | $600K |
| 2026-07-01 | $610K |
| 2026-08-01 | $590K |
| 2026-09-01 | $570K |
Homes for sale, Rhode Island
| Period | Value |
|---|---|
| 2024-09-01 | 1,456 |
| 2024-10-01 | 1,490 |
| 2024-11-01 | 1,389 |
| 2024-12-01 | 1,153 |
| 2025-01-01 | 1,008 |
| 2025-02-01 | 990 |
| 2025-03-01 | 1,055 |
| 2025-04-01 | 1,200 |
| 2025-05-01 | 1,382 |
| 2025-06-01 | 1,586 |
| 2025-07-01 | 1,615 |
| 2025-08-01 | 1,618 |
| 2025-09-01 | 1,674 |
| 2025-10-01 | 1,676 |
| 2025-11-01 | 1,577 |
| 2025-12-01 | 1,301 |
| 2026-01-01 | 1,137 |
| 2026-02-01 | 1,057 |
| 2026-03-01 | 980 |
| 2026-04-01 | 1,175 |
| 2026-05-01 | 1,365 |
| 2026-06-01 | 1,625 |
| 2026-07-01 | 1,707 |
| 2026-08-01 | 1,838 |
| 2026-09-01 | 1,957 |
Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.
Rhode Island compared with the U.S.
Compare with another state| Measure | Rhode Island | United States |
|---|---|---|
| Median listing price | $569,900 (−2.5% y/y) | $419,250 (−1.4% y/y) |
| Homes for sale | 1,957 (+16.9% y/y) | 1,161,615 (+5.4% y/y) |
| Median days on market | 38 days (+1 day y/y) | 61 days (Unchanged y/y) |
| Listings with a price cut | 12.0% (−0.1 pts y/y) | 20.8% (+0.9 pts y/y) |
| Median list price per sq ft | $379 (+13.8% y/y) | $223 (−1.7% y/y) |
Sources: Realtor.com® Economic Research (Rhode Island, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.
An affordability illustration
Run your own numbersThe inputs
- Median listing price (September 2026)$569,900
- Down payment20% ($113,980)
- Loan amount$455,920
- Rate: 30-year fixed, national (Week of Oct 1, 2026)7.28%
- Median household income, Rhode Island (2025)$96,880
This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.
Sources: Realtor.com® Economic Research (Rhode Island, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 1, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (Rhode Island, 2025).
Editor’s notes on Rhode Island
Written March 2026; conditions may have changedRhode Island has one of the tightest markets in New England, with Providence offering Boston metro access and lifestyle at lower prices. Newport is the premium lifestyle market. Inventory is critically constrained and competition is fierce across all price points.
For buyers
Providence neighborhoods like Fox Point and College Hill are experiencing Boston-level competition at still-reasonable absolute prices.
For sellers
Exceptional seller conditions. Price right and you'll have multiple offers within days.
These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.