The housing market in Warren, RI is strong, with the median value of homes in the area standing at $411,300 compared to the US median value of $338,100. Additionally, over the last year house appreciation has been higher than average in Warren, with a rate of 10.78% compared to 8.27% across the country. This indicates that there is a high demand for housing in Warren and that now could be an ideal time to invest in property there.
The median home cost in Warren is $411,300. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warren is up 16.0%.
Average Age of Homes
- The median age of Warren real estate is 59 years old
The Rental Market in Warren
- Renters make up 39.4% of the Warren population
- 0.5% of houses and apartments in Warren, 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.