The housing market in North Kingstown, RI is very strong. The median value of houses in the region is $496,700 which is substantially higher than the US House Median Value of $338,100. Furthermore, the house appreciation rate in North Kingstown over the past year has been 10.78%, significantly higher than the US 1 year House Appreciation rate of 8.27%. This indicates that there has been significant growth in the housing market in this area over the last year and shows promise for continued prosperity in future years.
The median home cost in North Kingstown is $496,700. Home appreciation the last 10 years has been 91.2%. Home Appreciation in North Kingstown is up 16.0%.
Average Age of Homes
- The median age of North Kingstown real estate is 45 years old
The Rental Market in North Kingstown
- Renters make up 23.8% of the North Kingstown population
- 1.1% of houses and apartments in North Kingstown, 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.