10/21/2026
Are home prices going up or down? In Rhode Island, it depends on your street. 🏡
Nationally, Chicago is up almost 7% while Seattle dipped 1.6%. Boston, our closest neighbor on the chart, is up about 2.7%.
Here’s Rhode Island’s September single-family snapshot, year over year:
🏡 Median sold price: $531,000 (+0.5%)
🏷️ Median new listing price: $550,000 (+3.9%)
📉 Inventory down 17.3%
⏱️ Days on market: 35, down from 37
📊 Closed sales down 12.5%
Statewide prices are basically flat, but that’s an average. A waterfront home in Bristol, a colonial in Barrington, an East Side condo, and a starter home in Cranston can each be telling a totally different story right now.
The biggest takeaway? Asking prices are up nearly 4%. Sold prices are up just half a percent. Price to your micro-market, not the headlines.
📈 Sellers: tight supply still rewards well-prepared, well-priced homes.
🔑 Buyers: fewer buyers at 7% rates can mean more room to negotiate.
From Westerly to Woonsocket, I am here to help. DM me “MY MARKET” and I’ll show you exactly how your neighborhood is moving. 💙
