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WARWICK, RI 02888

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

Market Analysis

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

The WARWICK, RI real estate market (02888) currently shows 42 active listings, with 24 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 32 days last year.

The median listing price has risen 16.9% year-over-year, from $385,000 to $449,925.

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 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
42
⇧ 13.5% vs 37 last year
Pending
24
57% pending ratio
Median Price
$449,925
⇧ 16.9% vs $385,000 last year
Average Price
$433,487
⇧ 3.2% vs $419,938 last year
Days on Market
52
⇧ 62.5% vs 32 days last year

Price Per Square Foot

Median $/sqft
$336
⇧ 8% vs $311/sqft last year
Median Home Size
1,320 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 37 last year
  • Days on market: 52 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $449,925 (+16.9% YoY)
  • Average: $433,487 (+3.2% 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 March 2026, there are 42 active listings in WARWICK, RI (zip code 02888), compared to 37 the prior year.

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

The median listing price in WARWICK, RI 02888 is $449,925 as of March 2026, a 16.9% increase from $385,000 the prior year.

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

Homes in WARWICK, RI 02888 spend an average of 52 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 WARWICK, RI 02888?

Based on current inventory and days-on-market data as of March 2026, WARWICK, RI 02888 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 32 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 $8,999 compared to a typical 5% commission on the median listing price of $449,925. 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.