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PRUDENCE ISLAND, RI 02872

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PRUDENCE ISLAND, RI real estate market (02872) currently shows 3 active listings. Homes are averaging 98 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 98 days on market compared to 46 days last year.

The median listing price has fallen 6.6% year-over-year, from $594,000 to $554,900.

Whether you are buying or selling in PRUDENCE ISLAND, 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: 98  ·  Density: 6.4/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$554,900
⇩ 6.6% vs $594,000 last year
Average Price
$544,633
⇩ 8.3% vs $594,000 last year
Days on Market
98
⇧ 113% vs 46 days last year

Price Per Square Foot

Median $/sqft
$512
⇩ 8.2% vs $558/sqft last year
Median Home Size
1,170 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 98 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $554,900 (-6.6% YoY)
  • Average: $544,633 (-8.3% 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 12.3 miles — 367 listings ($331,720,870 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02872Prudence Island, RI 028720.0 mi2$1,079,000$539,500$539,500
02809Bristol, RI 028095.5 mi32$29,307,616$637,500$915,863
02852North Kingstown, RI 028527.1 mi47$66,425,899$762,463$1,413,317
02835Jamestown, RI 028357.5 mi21$59,505,117$1,549,500$2,833,577
02885Warren, RI 028858.4 mi15$8,590,695$498,750$572,713
02806Barrington, RI 028068.8 mi24$21,944,736$781,500$914,364
02886Warwick, RI 028869.0 mi75$36,476,025$459,500$486,347
02725Somerset, MA 0272510.0 mi4$2,073,700$511,950$518,425
02721Fall River, MA 0272110.1 mi32$13,361,184$418,750$417,537
02837Little Compton, RI 0283711.0 mi12$49,870,428$1,074,475$4,155,869
02893West Warwick, RI 0289311.2 mi57$23,610,540$404,900$414,220
02723Fall River, MA 0272311.5 mi12$4,714,524$403,650$392,877
02905Providence, RI 0290512.3 mi34$14,761,406$418,500$434,159

Frequently Asked Questions

How many homes are for sale in PRUDENCE ISLAND, RI 02872?

As of March 2026, there are 3 active listings in PRUDENCE ISLAND, RI (zip code 02872), compared to 2 the prior year.

What is the median home price in PRUDENCE ISLAND, RI 02872?

The median listing price in PRUDENCE ISLAND, RI 02872 is $554,900 as of March 2026, a 6.6% decrease from $594,000 the prior year.

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

Homes in PRUDENCE ISLAND, RI 02872 spend an average of 98 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 PRUDENCE ISLAND, RI 02872?

Based on current inventory and days-on-market data as of March 2026, PRUDENCE ISLAND, RI 02872 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 98 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PRUDENCE ISLAND, RI 02872 save an estimated $11,098 compared to a typical 5% commission on the median listing price of $554,900. 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.