New Shoreham, RI Housing


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New Shoreham, RI has an incredibly high housing median value of $1,454,100 compared to the US median value of $338,100. Despite this wide gap in values between the US and New Shoreham, RI both have seen large increases in housing appreciation over the past year. The US house appreciation rate is 8.27%, while houses in New Shoreham, RI have grown even more with a 16.00% increase. This large growth in home values indicates that New Shoreham, RI is an increasingly desirable place to live for potential homeowners.

The median home cost in New Shoreham is $1,454,100. Home appreciation the last 10 years has been 91.2%. Home Appreciation in New Shoreham is up 16.0%.

Average Age of Homes
- The median age of New Shoreham real estate is 43 years old
The Rental Market in New Shoreham
- Renters make up 5.2% of the New Shoreham population
- 0.0% of houses and apartments in New Shoreham, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNew Shoreham, Rhode IslandUnited States
  1,959.0139,647,020.0
  4142
  $1,454,100$338,100
  16.0%16.6%
  60.5%57.0%
  91.2%101.1%
  $12.05$10.98
  $5,026$2,690
  17.3%57.4%
  76.6%11.2%
  6.2%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  73.1%3.6%
  3.5%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  2.1%4.5%
  0.0%11.3%
  2.4%13.0%
  8.0%20.1%
  13.9%13.6%
  0.0%8.3%
  6.5%9.7%
  18.3%3.9%
  18.3%2.2%
  10.1%0.8%
  20.4%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  9.7%13.6%
  9.7%13.6%
  11.7%13.6%
  23.8%13.2%
  12.2%14.8%
  11.7%13.6%
  3.5%10.0%
  3.0%4.7%
  22.8%12.2%
Reviews for New Shoreham
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Over 16 years ago

the tax rate you show for Block Island is way off the mill rate for 2008 is $3.49 and we tax at 80% of assessed  More

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