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HOPE, RI 02831

Real Estate Market Report  ·  Providence County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The HOPE, RI real estate market (02831) currently shows 13 active listings, with 5 pending sales. Homes are averaging 36 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 taking longer to sell, averaging 36 days on market compared to 32 days last year.

The median listing price has risen 58.8% year-over-year, from $590,300 to $937,425.

Whether you are buying or selling in HOPE, 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 Context

Market Context

Population: 3,840  ·  Density: 137.9/mi²  ·  Median household income: $129,122

Typical home value: $402,112  ·  Homeownership: 89.5%

Market Overview

Active Listings
13
⇧ 18.2% vs 11 last year
Pending
5
38% pending ratio
Median Price
$937,425
⇧ 58.8% vs $590,300 last year
Average Price
$993,378
⇧ 66.3% vs $597,213 last year
Days on Market
36
⇧ 12.5% vs 32 days last year

Price Per Square Foot

Median $/sqft
$373
⇧ 30.9% vs $285/sqft last year
Median Home Size
2,963 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 11 last year
  • Days on market: 36 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $937,425 (+58.8% YoY)
  • Average: $993,378 (+66.3% 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 12.0 miles — 533 listings ($350,003,887 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02831Hope, RI 028310.0 mi16$15,004,352$807,400$937,772
02816Coventry, RI 028164.2 mi86$51,543,240$553,038$599,340
02857North Scituate, RI 028576.2 mi22$16,036,680$712,450$728,940
02919Johnston, RI 029196.6 mi75$44,333,850$535,000$591,118
02825Foster, RI 028257.7 mi15$7,859,190$501,175$523,946
02818East Greenwich, RI 028188.5 mi65$72,561,320$779,473$1,116,328
02827Greene, RI 028278.6 mi6$3,034,200$529,450$505,700
02907Providence, RI 029079.0 mi18$8,035,794$452,150$446,433
02828Greenville, RI 028289.2 mi11$7,243,368$409,900$658,488
02908Providence, RI 029089.9 mi45$21,378,825$432,225$475,085
02889Warwick, RI 0288910.3 mi72$35,534,952$477,100$493,541
02904Providence, RI 0290411.1 mi58$20,974,424$382,450$361,628
02906Providence, RI 0290612.0 mi44$46,463,692$674,700$1,055,993

Frequently Asked Questions

How many homes are for sale in HOPE, RI 02831?

As of April 2026, there are 13 active listings in HOPE, RI (zip code 02831), compared to 11 the prior year.

What is the median home price in HOPE, RI 02831?

The median listing price in HOPE, RI 02831 is $937,425 as of April 2026, a 58.8% increase from $590,300 the prior year.

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

Homes in HOPE, RI 02831 spend an average of 36 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in HOPE, RI 02831?

Based on current inventory and days-on-market data as of April 2026, HOPE, RI 02831 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOPE, RI 02831 save an estimated $18,749 compared to a typical 5% commission on the median listing price of $937,425. 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.