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WARWICK, RI 02888

Real Estate Market Report  ·  Kent County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
44
⇧ 46.7% vs 30 last year
Pending
19
43% pending ratio
Median Price
$462,400
⇧ 12.8% vs $409,950 last year
Average Price
$480,538
⇧ 5.7% vs $454,482 last year
Days on Market
27
⇩ 34.1% vs 41 days last year

Market Context

Population: 18,443  ·  Density: 1,207.5/mi²  ·  Median household income: $81,505

Typical home value: $289,948  ·  Homeownership: 78.6%

Market Analysis

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

The WARWICK, RI real estate market (02888) currently shows 44 active listings, with 19 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 27 days on market compared to 41 days last year.

The median listing price has risen 12.8% year-over-year, from $409,950 to $462,400.

Whether you are buying or selling in WARWICK, 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: 44 this year vs 30 last year
  • Days on market: 27 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $462,400 (+12.8% YoY)
  • Average: $480,538 (+5.7% 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 8.5 miles — 528 listings ($305,364,087 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02888Warwick, RI 028880.0 mi44$21,143,672$462,400$480,538
02905Providence, RI 029052.7 mi35$15,725,780$419,900$449,308
02889Warwick, RI 028893.2 mi85$38,919,545$464,900$457,877
02915Riverside, RI 029153.7 mi23$10,897,561$440,000$473,807
02903Providence, RI 029034.8 mi19$8,974,764$449,500$472,356
02914East Providence, RI 029145.0 mi28$12,745,376$449,950$455,192
02921Cranston, RI 029215.5 mi33$30,875,262$889,450$935,614
02908Providence, RI 029086.4 mi41$19,288,491$422,450$470,451
02823Fiskeville, RI 028237.0 mi1$644,900$644,900$644,900
02919Johnston, RI 029197.8 mi69$43,205,178$549,900$626,162
02904Providence, RI 029047.8 mi64$24,260,672$389,900$379,073
02911North Providence, RI 029118.0 mi24$11,166,312$447,400$465,263
02818East Greenwich, RI 028188.5 mi62$67,516,574$785,000$1,088,977

Frequently Asked Questions

How many homes are for sale in WARWICK, RI 02888?

As of January 2026, there are 44 active listings in WARWICK, RI (zip code 02888), compared to 30 the prior year.

What is the median home price in WARWICK, RI 02888?

The median listing price in WARWICK, RI 02888 is $462,400 as of January 2026, a 12.8% increase from $409,950 the prior year.

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

Homes in WARWICK, RI 02888 spend an average of 27 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in WARWICK, RI 02888?

Based on current inventory and days-on-market data as of January 2026, WARWICK, RI 02888 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 41 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WARWICK, RI 02888 save an estimated $9,248 compared to a typical 5% commission on the median listing price of $462,400. 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.