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COVENTRY, RI 02816

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

Market Analysis

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

The COVENTRY, RI real estate market (02816) currently shows 137 active listings, with 60 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 28 days last year.

The median listing price has fallen 11.3% year-over-year, from $594,450 to $527,450.

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Market Context

Market Context

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

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

Market Overview

Active Listings
137
⇧ 3.8% vs 132 last year
Pending
60
44% pending ratio
Median Price
$527,450
⇩ 11.3% vs $594,450 last year
Average Price
$524,874
⇩ 19.6% vs $652,585 last year
Days on Market
38
⇧ 35.7% vs 28 days last year

Price Per Square Foot

Median $/sqft
$348
⇧ 10.5% vs $315/sqft last year
Median Home Size
1,414 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 132 last year
  • Days on market: 38 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $527,450 (-11.3% YoY)
  • Average: $524,874 (-19.6% 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 13.2 miles — 333 listings ($236,977,987 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02816Coventry, RI 028160.0 mi86$51,543,240$553,038$599,340
02817West Greenwich, RI 028174.9 mi14$11,503,912$808,725$821,708
02827Greene, RI 028276.2 mi6$3,034,200$529,450$505,700
02921Cranston, RI 029217.3 mi30$29,253,900$881,750$975,130
02825Foster, RI 028258.4 mi15$7,859,190$501,175$523,946
02857North Scituate, RI 028579.5 mi22$16,036,680$712,450$728,940
06377Sterling, CT 0637710.5 mi7$3,008,250$429,450$429,750
02852North Kingstown, RI 0285210.8 mi47$66,425,899$762,463$1,413,317
02888Warwick, RI 0288811.5 mi38$15,979,266$424,900$420,507
06354Moosup, CT 0635411.9 mi14$6,414,352$461,250$458,168
02909Providence, RI 0290912.4 mi35$13,367,130$378,650$381,918
02892West Kingston, RI 0289213.0 mi8$5,308,600$666,200$663,575
02828Greenville, RI 0282813.2 mi11$7,243,368$409,900$658,488

Frequently Asked Questions

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

As of September 2026, there are 137 active listings in COVENTRY, RI (zip code 02816), compared to 132 the prior year.

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

The median listing price in COVENTRY, RI 02816 is $527,450 as of September 2026, a 11.3% decrease from $594,450 the prior year.

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

Homes in COVENTRY, RI 02816 spend an average of 38 days on the market before going under contract, compared to 28 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 September 2026, COVENTRY, RI 02816 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 28 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 $10,549 compared to a typical 5% commission on the median listing price of $527,450. 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.