Zip 02893 (West Warwick, RI) Housing

The housing market in 02893 West Warwick, RI is very healthy. The median value of homes in the area is $324,100, which is lower than the US median value of $338,100. However, while the national rate of house appreciation over the past year was 8.27%, West Warwick experienced an even higher rate of 10.78%, indicating a strong and growing real estate market in this region.

The median home cost in West Warwick (zip 02893) is $324,100. Home appreciation the last 10 years has been 91.2%. Home Appreciation in West Warwick (zip 02893) is up 16.0%.

Average Age of Homes

- The median age of West Warwick (zip 02893) real estate is 52 years old

The Rental Market in West Warwick (zip 02893)

- Renters make up 43.3% of the West Warwick (zip 02893) population
- 2.0% of houses and apartments in West Warwick (zip 02893), 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	West Warwick, Rhode Island	United States
	14,895.0	139,647,020.0
	57	42
	$324,100	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$19.31	$10.98
	$4,595	$2,690
	51.5%	57.4%
	5.8%	11.2%
	42.7%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.5%	0.4%
	0.2%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.7%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.5%	4.5%
	8.4%	11.3%
	18.6%	13.0%
	50.5%	20.1%
	14.8%	13.6%
	1.8%	8.3%
	2.6%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.5%	13.6%
	4.5%	13.6%
	9.4%	13.6%
	15.8%	13.2%
	15.2%	14.8%
	9.4%	13.6%
	11.0%	10.0%
	4.8%	4.7%
	31.2%	12.2%

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