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WARWICK, RI 02888

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The WARWICK, RI real estate market (02888) currently shows 65 active listings, with 35 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

The median listing price has risen 1.1% year-over-year, from $416,000 to $420,750.

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Market Context

Market Context

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

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

Market Overview

Active Listings
65
⇧ 16.1% vs 56 last year
Pending
35
54% pending ratio
Median Price
$420,750
⇧ 1.1% vs $416,000 last year
Average Price
$488,323
⇧ 9.6% vs $445,587 last year
Days on Market
23
— vs 23 days last year

Price Per Square Foot

Median $/sqft
$347
⇧ 25.3% vs $277/sqft last year
Median Home Size
1,336 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 56 last year
  • Days on market: 23 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $420,750 (+1.1% YoY)
  • Average: $488,323 (+9.6% 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 8.6 miles — 412 listings ($226,151,454 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02888Warwick, RI 028880.0 mi38$15,979,266$424,900$420,507
02905Providence, RI 029052.7 mi34$14,761,406$418,500$434,159
02889Warwick, RI 028893.2 mi72$35,534,952$477,100$493,541
02915Riverside, RI 029153.7 mi22$9,888,450$416,150$449,475
02903Providence, RI 029034.8 mi20$9,242,760$468,500$462,138
02914East Providence, RI 029145.0 mi20$9,063,600$449,900$453,180
02921Cranston, RI 029215.5 mi30$29,253,900$881,750$975,130
02908Providence, RI 029086.4 mi45$21,378,825$432,225$475,085
02916Rumford, RI 029167.2 mi30$18,060,180$517,635$602,006
02885Warren, RI 028857.8 mi15$8,590,695$498,750$572,713
02771Seekonk, MA 027717.8 mi15$9,999,105$561,950$666,607
02860Pawtucket, RI 028608.5 mi39$15,090,699$362,475$386,941
02809Bristol, RI 028098.6 mi32$29,307,616$637,500$915,863

Frequently Asked Questions

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

As of September 2026, there are 65 active listings in WARWICK, RI (zip code 02888), compared to 56 the prior year.

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

The median listing price in WARWICK, RI 02888 is $420,750 as of September 2026, a 1.1% increase from $416,000 the prior year.

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

Homes in WARWICK, RI 02888 spend an average of 23 days on the market before going under contract, compared to 23 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 September 2026, WARWICK, RI 02888 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

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 $8,415 compared to a typical 5% commission on the median listing price of $420,750. 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.