Little Compton, RI is renowned for its high housing value, with the median housing value being $775,300 - significantly above the US house median value of $338,100. Furthermore, the 1 year house appreciation in Little Compton, RI stands at 10.78%, almost 2.5 times higher than the US 1 year house appreciation of 8.27%. The high house values and appreciation rates in Little Compton makes it a highly desirable place to own a home and can be seen as an investment prospect that will continue to yield good returns.
The median home cost in Little Compton is $775,300. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Little Compton is up 16.0%.
Average Age of Homes
- The median age of Little Compton real estate is 54 years old
The Rental Market in Little Compton
- Renters make up 15.7% of the Little Compton population
- 1.7% of houses and apartments in Little Compton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.