Quonochontaug, RI is an affluent area with a median home value of $820,000, significantly higher than the US median house value of $338,100. In the past year, housing appreciation in Quonochontaug has been strong at 10.78%, greater than the US average of 8.27%. The high median home value and strong appreciation rate indicate that real estate in Quonochontaug is in demand and growing in popularity.
The median home cost in Quonochontaug is $820,000. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Quonochontaug is up 16.0%.
Average Age of Homes
- The median age of Quonochontaug real estate is 54 years old
The Rental Market in Quonochontaug
- Renters make up 4.2% of the Quonochontaug population
- 0.0% of houses and apartments in Quonochontaug, 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.