Zip 02896 (North Smithfield, RI) Housing

The housing market in 02896 North Smithfield, RI is doing quite well. The median value of homes there is $417,700, which is much higher than the US median house value of $338,100. Additionally, in the last year the US experienced an 8.27% appreciation in value while 02896 North Smithfield experienced a 10.78% appreciation during that same time frame. It appears that this area of Rhode Island has a thriving housing market with values steadily increasing over time.

The median home cost in North Smithfield (zip 02896) is $417,700. Home appreciation the last 10 years has been 91.2%. Home Appreciation in North Smithfield (zip 02896) is up 16.0%.

Average Age of Homes

- The median age of North Smithfield (zip 02896) real estate is 49 years old

The Rental Market in North Smithfield (zip 02896)

- Renters make up 24.5% of the North Smithfield (zip 02896) population
- 1.5% of houses and apartments in North Smithfield (zip 02896), 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	North Smithfield, Rhode Island	United States
	4,764.0	139,647,020.0
	52	42
	$417,700	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$13.36	$10.98
	$4,554	$2,690
	74.4%	57.4%
	6.5%	11.2%
	19.1%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	1.7%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.7%	3.9%
	0.2%	4.5%
	1.0%	11.3%
	6.4%	13.0%
	26.0%	20.1%
	37.1%	13.6%
	16.1%	8.3%
	10.5%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	11.6%	13.6%
	12.5%	13.2%
	10.6%	14.8%
	11.6%	13.6%
	12.1%	10.0%
	5.7%	4.7%
	20.5%	12.2%

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