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BLOCK ISLAND, RI 02807

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The BLOCK ISLAND, RI real estate market (02807) currently shows 24 active listings, with 8 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 101 days last year.

The median listing price has risen 12.9% year-over-year, from $2,973,750 to $3,358,750.

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Market Context

Market Context

Population: 962  ·  Density: 40.9/mi²  ·  Median household income: $66,652

Typical home value: $999,972  ·  Homeownership: 78.0%

Market Overview

Active Listings
24
⇧ 9.1% vs 22 last year
Pending
8
33% pending ratio
Median Price
$3,358,750
⇧ 12.9% vs $2,973,750 last year
Average Price
$3,686,535
⇧ 6% vs $3,476,447 last year
Days on Market
50
⇩ 50.5% vs 101 days last year

Price Per Square Foot

Median $/sqft
$1,274
⇧ 7.9% vs $1,181/sqft last year
Median Home Size
2,728 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 22 last year
  • Days on market: 50 now vs 101 last year

Median & Average Pricing

Year over Year
  • Median: $3,358,750 (+12.9% YoY)
  • Average: $3,686,535 (+6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.2 miles — 318 listings ($818,247,183 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02807Block Island, RI 028070.0 mi16$54,252,304$2,990,000$3,390,769
02891Westerly, RI 0289116.9 mi56$170,048,256$1,235,000$3,036,576
02882Narragansett, RI 0288218.0 mi40$78,245,000$1,280,750$1,956,125
06379Pawcatuck, CT 0637919.5 mi15$17,902,050$909,900$1,193,470
02812Carolina, RI 0281221.1 mi1$530,000$530,000$530,000
11954Montauk, NY 1195421.5 mi79$314,826,613$2,895,000$3,985,147
06378Stonington, CT 0637822.3 mi24$49,461,528$2,060,000$2,060,897
02833Hopkinton, RI 0283323.4 mi2$1,548,450$774,225$774,225
02874Saunderstown, RI 0287424.0 mi11$30,241,992$1,849,500$2,749,272
06355Mystic, CT 0635524.4 mi25$38,196,150$1,010,000$1,527,846
06359North Stonington, CT 0635925.4 mi11$9,086,968$467,425$826,088
02822Exeter, RI 0282227.1 mi8$5,125,832$784,400$640,729
02842Middletown, RI 0284228.2 mi30$48,782,040$989,950$1,626,068

Frequently Asked Questions

How many homes are for sale in BLOCK ISLAND, RI 02807?

As of September 2026, there are 24 active listings in BLOCK ISLAND, RI (zip code 02807), compared to 22 the prior year.

What is the median home price in BLOCK ISLAND, RI 02807?

The median listing price in BLOCK ISLAND, RI 02807 is $3,358,750 as of September 2026, a 12.9% increase from $2,973,750 the prior year.

How long do homes stay on the market in BLOCK ISLAND, RI?

Homes in BLOCK ISLAND, RI 02807 spend an average of 50 days on the market before going under contract, compared to 101 days the prior year.

Is it a seller's or buyer's market in BLOCK ISLAND, RI 02807?

Based on current inventory and days-on-market data as of September 2026, BLOCK ISLAND, RI 02807 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 101 days last year.

How much can I save on real estate commission in BLOCK ISLAND, RI?

With SELL123.com's maximum 3% commission, sellers in BLOCK ISLAND, RI 02807 save an estimated $67,175 compared to a typical 5% commission on the median listing price of $3,358,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.