The housing market in Warwick, RI is booming! The median value of homes in the area is currently at $326,200, which is slightly below the US median house value of $338,100. Over the past year, appreciation rates for homes in Warwick have been remarkable; they have appreciated 10.78%, significantly higher than the national average of 8.27%. With these strong appreciation rates, it's no wonder why the housing market in Warwick is thriving.
The median home cost in Warwick is $326,200. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warwick is up 16.0%.
Average Age of Homes
- The median age of Warwick real estate is 58 years old
The Rental Market in Warwick
- Renters make up 26.8% of the Warwick population
- 0.6% of houses and apartments in Warwick, 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.