Zip 02816 (Coventry, RI) Housing

The housing market in Coventry, RI (02816) is doing well. The median housing value is $358,200, which is higher than the US housing median value of $338,100. Additionally, the house appreciation rate over the past year in Coventry is 10.78%, which is higher than the US 1-year house appreciation rate of 8.27%. This suggests that it's a good time to invest in real estate in Coventry as property values are likely to continue to appreciate.

The median home cost in Coventry (zip 02816) is $358,200. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Coventry (zip 02816) is up 16.0%.

Average Age of Homes

- The median age of Coventry (zip 02816) real estate is 46 years old

The Rental Market in Coventry (zip 02816)

- Renters make up 20.2% of the Coventry (zip 02816) population
- 0.2% of houses and apartments in Coventry (zip 02816), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Coventry, Rhode Island	United States
	14,129.0	139,647,020.0
	52	42
	$358,200	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$18.03	$10.98
	$4,546	$2,690
	73.9%	57.4%
	5.4%	11.2%
	20.8%	31.4%
Vacant Housing
	0.2%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	2.9%	2.4%
	0.8%	2.8%
	2.1%	3.9%
	1.0%	4.5%
	3.7%	11.3%
	12.3%	13.0%
	41.4%	20.1%
	23.5%	13.6%
	7.5%	8.3%
	3.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	9.3%	13.6%
	12.5%	13.2%
	17.9%	14.8%
	9.3%	13.6%
	14.2%	10.0%
	4.7%	4.7%
	15.0%	12.2%

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