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PORTSMOUTH, RI 02871

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

Market Overview

Active Listings
67
⇧ 13.6% vs 59 last year
Pending
22
33% pending ratio
Median Price
$875,000
⇧ 11.2% vs $786,725 last year
Average Price
$1,381,903
⇧ 9.1% vs $1,267,219 last year
Days on Market
65
⇧ 41.3% vs 46 days last year

Market Context

Population: 17,748  ·  Density: 401.5/mi²  ·  Median household income: $107,360

Typical home value: $482,153  ·  Homeownership: 80.5%

Market Analysis

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

The PORTSMOUTH, RI real estate market (02871) currently shows 67 active listings, with 22 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 46 days last year.

The median listing price has risen 11.2% year-over-year, from $786,725 to $875,000.

Whether you are buying or selling in PORTSMOUTH, 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: 67 this year vs 59 last year
  • Days on market: 65 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $875,000 (+11.2% YoY)
  • Average: $1,381,903 (+9.1% 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 13.9 miles — 464 listings ($664,832,099 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02871Portsmouth, RI 028710.0 mi67$92,587,501$875,000$1,381,903
02878Tiverton, RI 028784.6 mi49$53,032,847$732,000$1,082,303
02837Little Compton, RI 028376.7 mi10$40,778,630$1,199,900$4,077,863
02835Jamestown, RI 028357.9 mi22$71,693,138$1,745,000$3,258,779
02840Newport, RI 028408.0 mi67$180,657,527$1,475,000$2,696,381
02790Westport, MA 027909.0 mi23$20,769,920$712,450$903,040
02723Fall River, MA 027239.9 mi11$4,258,397$377,000$387,127
02852North Kingstown, RI 0285210.6 mi51$69,837,309$749,900$1,369,359
02806Barrington, RI 0280611.5 mi22$17,864,220$685,000$812,010
02777Swansea, MA 0277712.2 mi24$17,084,496$699,450$711,854
02818East Greenwich, RI 0281812.9 mi62$67,516,574$785,000$1,088,977
02726Somerset, MA 0272613.5 mi12$7,607,868$589,000$633,989
02888Warwick, RI 0288813.9 mi44$21,143,672$462,400$480,538

Frequently Asked Questions

How many homes are for sale in PORTSMOUTH, RI 02871?

As of January 2026, there are 67 active listings in PORTSMOUTH, RI (zip code 02871), compared to 59 the prior year.

What is the median home price in PORTSMOUTH, RI 02871?

The median listing price in PORTSMOUTH, RI 02871 is $875,000 as of January 2026, a 11.2% increase from $786,725 the prior year.

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

Homes in PORTSMOUTH, RI 02871 spend an average of 65 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in PORTSMOUTH, RI 02871?

Based on current inventory and days-on-market data as of January 2026, PORTSMOUTH, RI 02871 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORTSMOUTH, RI 02871 save an estimated $17,500 compared to a typical 5% commission on the median listing price of $875,000. 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.