🏡 Rhode Island Real Estate Market Snapshot – Q2 2025

by anastasiakaufman-chime-me

Rhode Island’s housing market continued to show strength this spring!
📈 Single-family sales rose 6.9% year-over-year, with 2,045 homes sold statewide.
💰 Median price climbed to $500,000, up 6.4% from 2024 — reflecting steady buyer demand and limited inventory.
⏳ Average days on market remained low at just 29 days, showing homes are still moving quickly.
🏠 Distressed sales dropped nearly 47%, a sign of continued stability and homeowner equity.

Local highlights:

Kent County saw a solid 10% increase in sales and nearly 9% price growth.

Warwick and East Greenwich both posted double-digit gains in closed sales.

Washington County remained one of the priciest regions with a median of $675,000, while Newport led luxury trends with prices surging over 67% to $1.4M.

📊 Overall, Rhode Island’s market remains healthy, competitive, and balanced — great news for sellers considering listing this fall!

✨ Curious what your home is worth in today’s market?
Contact Anastasia Kaufman, Realtor® | CLHMS™, GRI, ABR, SRS, PSA for a free market analysis and expert guidance.