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COVENTRY, RI 02816

Real Estate Market Report  ·  Kent County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
96
⇧ 20% vs 80 last year
Pending
49
51% pending ratio
Median Price
$549,900
⇩ 3.3% vs $568,725 last year
Average Price
$593,350
⇧ 3.2% vs $575,127 last year
Days on Market
58
⇧ 52.6% vs 38 days last year

Market Context

Population: 33,148  ·  Density: 346.4/mi²  ·  Median household income: $94,026

Typical home value: $291,135  ·  Homeownership: 80.6%

Market Analysis

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

The COVENTRY, RI real estate market (02816) currently shows 96 active listings, with 49 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 38 days last year.

The median listing price has fallen 3.3% year-over-year, from $568,725 to $549,900.

Whether you are buying or selling in COVENTRY, RI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 80 last year
  • Days on market: 58 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $549,900 (-3.3% YoY)
  • Average: $593,350 (+3.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.2 miles — 611 listings ($375,855,851 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02816Coventry, RI 028160.0 mi96$56,961,600$549,900$593,350
02823Fiskeville, RI 028234.9 mi1$644,900$644,900$644,900
02893West Warwick, RI 028935.4 mi62$27,195,122$425,000$438,631
02818East Greenwich, RI 028187.3 mi62$67,516,574$785,000$1,088,977
02886Warwick, RI 028868.3 mi71$37,414,373$520,000$526,963
02822Exeter, RI 028228.5 mi8$4,826,400$659,900$603,300
02920Cranston, RI 029209.6 mi54$28,122,390$484,450$520,785
02919Johnston, RI 0291910.8 mi69$43,205,178$549,900$626,162
02910Cranston, RI 0291011.2 mi33$13,630,419$399,900$413,043
02889Warwick, RI 0288911.8 mi85$38,919,545$464,900$457,877
02898Wyoming, RI 0289812.0 mi15$33,096,030$1,500,000$2,206,402
02907Providence, RI 0290712.5 mi20$8,597,540$429,900$429,877
02905Providence, RI 0290513.2 mi35$15,725,780$419,900$449,308

Frequently Asked Questions

How many homes are for sale in COVENTRY, RI 02816?

As of January 2026, there are 96 active listings in COVENTRY, RI (zip code 02816), compared to 80 the prior year.

What is the median home price in COVENTRY, RI 02816?

The median listing price in COVENTRY, RI 02816 is $549,900 as of January 2026, a 3.3% decrease from $568,725 the prior year.

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

Homes in COVENTRY, RI 02816 spend an average of 58 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in COVENTRY, RI 02816?

Based on current inventory and days-on-market data as of January 2026, COVENTRY, RI 02816 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 38 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COVENTRY, RI 02816 save an estimated $10,998 compared to a typical 5% commission on the median listing price of $549,900. 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.