The housing market in West Greenwich, RI is strong, with the median value of homes being $463,600 which is significantly higher than the nationwide average of $338,100. Furthermore, the yearly appreciation rate for homes in West Greenwich has been 10.78%, which is higher than the US average appreciation rate of 8.27%. This positive trend reflects a strong economy and robust housing market in this region.
The median home cost in West Greenwich is $463,600. Home appreciation the last 10 years has been 91.2%. Home Appreciation in West Greenwich is up 16.0%.
Average Age of Homes
- The median age of West Greenwich real estate is 25 years old
The Rental Market in West Greenwich
- Renters make up 19.0% of the West Greenwich population
- 0.0% of houses and apartments in West Greenwich, 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.