Housing in 02814 Chepachet, RI is generally more expensive than the US median value. It currently has a median value of $415,000, while the US median is $338,100. This difference in price is reflected in the appreciation rate of housing in 02814 Chepachet, RI over the past year. In 02814 Chepachet, RI the house appreciation rate was 10.78%, which is higher than the national average of 8.27%. This indicates that housing prices are on an upward trend in this area and may continue to rise in the future.
The median home cost in Chepachet (zip 02814) is $415,000. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Chepachet (zip 02814) is up 16.0%.
Average Age of Homes
- The median age of Chepachet (zip 02814) real estate is 45 years old
The Rental Market in Chepachet (zip 02814)
- Renters make up 8.1% of the Chepachet (zip 02814) population
- 0.0% of houses and apartments in Chepachet (zip 02814), 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.