Zip 02886 (Warwick, RI) Housing


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The housing market in 02886 Warwick, RI is a great place to invest your money. The median value of homes in this area is $348,400, which is slightly higher than the US median value of $338,100. Over the past year, house appreciation in 02886 Warwick has been around 10.78%, significantly higher than the national rate of 8.27%. This makes it an attractive option for those looking to buy and sell property in this area. With high appreciating house values and a median value that exceeds the national average, investing in real estate in 02886 Warwick is a smart decision for anyone who wants to build their wealth or diversify their portfolio.

The median home cost in Warwick (zip 02886) is $348,400. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warwick (zip 02886) is up 16.0%.

Average Age of Homes
- The median age of Warwick (zip 02886) real estate is 53 years old
The Rental Market in Warwick (zip 02886)
- Renters make up 30.4% of the Warwick (zip 02886) population
- 0.7% of houses and apartments in Warwick (zip 02886), 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

  HousingWarwick, Rhode IslandUnited States
  13,633.0139,647,020.0
  5542
  $348,400$338,100
  16.0%16.6%
  60.5%57.0%
  91.2%101.1%
  $15.95$10.98
  $4,261$2,690
  61.3%57.4%
  4.8%11.2%
  33.9%31.4%
  Vacant Housing
  0.7%1.9%
  0.0%0.4%
  0.2%0.7%
  0.6%0.4%
  0.3%3.6%
  3.0%4.1%
  Value of Owner-Occupied Housing
  0.9%2.6%
  1.6%2.4%
  0.2%2.8%
  0.3%3.9%
  0.2%4.5%
  4.0%11.3%
  14.3%13.0%
  39.2%20.1%
  22.1%13.6%
  10.2%8.3%
  4.6%9.7%
  1.2%3.9%
  0.1%2.2%
  0.0%0.8%
  0.9%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  2.5%13.6%
  2.5%13.6%
  7.1%13.6%
  14.4%13.2%
  16.3%14.8%
  7.1%13.6%
  17.6%10.0%
  5.9%4.7%
  14.7%12.2%
Commute