equestId":"28a54672-a519-44dc-8769-9a3cf086ad71","resource":"content","data":[{"id":"txt_82140de86c8f47e78032dab641057798","text":"\n \nThe housing market in 02891 Westerly, RI is seeing strong appreciation. The median value of homes in the area is $484,500, which is significantly higher than the US median value of $338,100. Additionally, over the past year, home prices have appreciated by 10.78%, which is more than double the national average of 8.27%. This indicates that investing in a home in Westerly is a sound financial decision and could potentially lead to substantial returns over time.
The median home cost in Westerly (zip 02891) is $484,500. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Westerly (zip 02891) is up 16.0%.
Average Age of Homes
- The median age of Westerly (zip 02891) real estate is 49 years old
The Rental Market in Westerly (zip 02891)
- Renters make up 27.6% of the Westerly (zip 02891) population
- 1.9% of houses and apartments in Westerly (zip 02891), 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.