What are current home values in Rhode Island?

The median home value in Rhode Island is $515,289 as of July 2026. This represents a 3.2% increase year-over-year.

How do home values in Rhode Island compare to the national average?

The median home value in Rhode Island ($515,289) is higher than the U.S. national median ($371,774), representing a 38.6% difference.

Which counties in Rhode Island have the highest home values?

The counties with the highest median home values in Rhode Island include: Newport County ($800,321), Washington County ($694,918), Bristol County ($661,879), Providence County ($460,440), Kent County ($449,155).

What metros in Rhode Island have the fastest growing home values?

Metro areas with the highest year-over-year home value growth in Rhode Island include: Providence, RI (3.3%).

Rhode Island Housing Market

$515,289

3.2% 1-yr

The average Rhode Island home value is $515,289, up 3.2% over the past year, and homes go to pending in around 10 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Rhode Island Key Takeaways

Typical Home Values: $515,289

1-Year Value Change: +3.2%

(Data through July 31, 2026)

Rhode Island Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 2,404 (July 31, 2026)

New Listings: 1,105 (July 31, 2026)

Median Sale to List Ratio: 1.003 (June 30, 2026)

Median Sale Price: $487,519 (June 30, 2026)

Median List Price: $549,633 (July 31, 2026)

Percent of Sales Over List Price: 54.2% (June 30, 2026)

Percent of Sales Under List Price: 32.8% (June 30, 2026)

Median Days to Pending: 10 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Rhode Island

NameMedian ZHVI
East Greenwich$820,206
North Kingstown$687,778
Exeter$626,653
West Warwick$412,374
West Greenwich$575,588
Warwick$429,354
Jamestown$1,205,752
Richmond$530,277
Coventry$469,362

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Rhode Island Homes for Sale

854 Matunuck Beach Rd Unit 96

$549,900

3 bd2 ba2,806 sqft

392 Bradford Rd

View Rhode Island listings

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Rhode Island Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.