The housing market in 02888 Warwick, RI is performing strongly compared to the rest of the US. The median value of a house in 02888 Warwick, RI is $345,400 - higher than the US house median value of $338,100. Additionally, the one year house appreciation rate in 02888 Warwick, RI is 10.78%, significantly higher than the US house appreciation rate of 8.27%. These figures suggest that housing in 02888 Warwick, RI is appreciating more quickly than in other parts of the country and could be an attractive option for those looking to invest in real estate.
The median home cost in Warwick (zip 02888) is $345,400. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warwick (zip 02888) is up 16.0%.
Average Age of Homes
- The median age of Warwick (zip 02888) real estate is 63 years old
The Rental Market in Warwick (zip 02888)
- Renters make up 25.8% of the Warwick (zip 02888) population
- 0.3% of houses and apartments in Warwick (zip 02888), 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.