Property prices for sale in Rhode Island region

The average price in the Rhode Island region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.

$597,481.83
Average price last 6 months
$502.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Rhode Island has increased strongly in the last 6 months. During October, the average price per sq.feet was $355. The following month (November) the price had a considerable increase reaching $969 per sq.feet. The following two months (December, January) went through a considerable deflation of 52 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $503.75 to $500.5 during February and March.

Average price

Based upon to the price in Rhode Island (region), this has decreased in the last 6 months. October has an average price of $659,489. During November the price had a slight deflation till $580,468. In the following two months the average price didn't change much compared to the previous two going from $619,978.5 to $615,780. During the last two months the price has reduced 90 % compared to the previous average values going from $617,879.25 a $556,687 in February and March.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 49 % more affordable than the average price in Rhode Island followed by those with 2 with an average price of $447,387. The most costly properties have 4 bedrooms. They are 50 % more expensive than the average followed by those properties with 3 bedrooms priced at $538,162.

Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $371 / sq.feet being $743 / sq.feet the average value within the Rhode Island region. The properties with the most expensive average price are those with 4 bedrooms. These are 298 % more costly than the average followed by those with 3 bedrooms with a price of $1,067 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $560,670 it is 41 % more affordable than the average in Rhode Island. This is followed by "Apartment" with a price of $376,684. The dearest property type is "Commercial" and is 37 % more expensive than the average, followed by "House" with a cost of $619,115.

Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $241 / sq.feet, followed by "Commercial" with a price of $267 / sq.feet. "Land" with an average price of $8,586 / sq.feet is the most costly type of property followed by "House" at a price of $1,520 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in region Rhode Island
$560,670
$743
72,774
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value