Zip 02889 (Warwick, RI) Housing

The housing market in 02889 Warwick, RI is doing better than the overall national housing market. The median value of a house in 02889 Warwick, RI is $311,700, compared to the national median house value of $338,100. Furthermore, the 1 year appreciation rate of houses in 02889 Warwick, RI was 10.78%, higher than the US 1 year house appreciation rate of 8.27%. This indicates that there are strong prospects for people looking to invest in housing in 02889 Warwick, RI as it is outperforming the national average.

The median home cost in Warwick (zip 02889) is $311,700. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warwick (zip 02889) is up 16.0%.

Average Age of Homes

- The median age of Warwick (zip 02889) real estate is 59 years old

The Rental Market in Warwick (zip 02889)

- Renters make up 21.8% of the Warwick (zip 02889) population
- 0.3% of houses and apartments in Warwick (zip 02889), 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	Warwick, Rhode Island	United States
	11,989.0	139,647,020.0
	62	42
	$311,700	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$16.48	$10.98
	$3,992	$2,690
	73.3%	57.4%
	5.3%	11.2%
	21.4%	31.4%
Vacant Housing
	0.3%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.9%	0.4%
	0.6%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	6.7%	11.3%
	15.2%	13.0%
	50.8%	20.1%
	14.4%	13.6%
	4.2%	8.3%
	5.0%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	4.5%	13.6%
	9.4%	13.2%
	14.0%	14.8%
	4.5%	13.6%
	18.5%	10.0%
	8.4%	4.7%
	24.9%	12.2%

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