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WESTERLY, RI 02891

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

Market Overview

Active Listings
61
⇧ 17.3% vs 52 last year
Pending
33
54% pending ratio
Median Price
$1,272,500
⇧ 33.3% vs $954,950 last year
Average Price
$2,621,106
⇩ 14.6% vs $3,070,804 last year
Days on Market
76
⇧ 2.7% vs 74 days last year

Market Context

Population: 22,026  ·  Density: 323.6/mi²  ·  Median household income: $89,243

Typical home value: $399,526  ·  Homeownership: 73.6%

Market Analysis

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

The WESTERLY, RI real estate market (02891) currently shows 61 active listings, with 33 pending sales. Homes are averaging 76 days on the market before going under contract.

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

Homes are taking longer to sell, averaging 76 days on market compared to 74 days last year.

The median listing price has risen 33.3% year-over-year, from $954,950 to $1,272,500.

Whether you are buying or selling in WESTERLY, 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: 61 this year vs 52 last year
  • Days on market: 76 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $1,272,500 (+33.3% YoY)
  • Average: $2,621,106 (-14.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.9 miles — 183 listings ($336,746,502 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02891Westerly, RI 028910.0 mi61$159,887,466$1,272,500$2,621,106
02808Bradford, RI 028084.0 mi6$3,237,240$549,000$539,540
06378Stonington, CT 063786.3 mi22$38,651,910$1,589,500$1,756,905
02894Wood River Junction, RI 028947.8 mi1$549,900$549,900$549,900
06359North Stonington, CT 063598.6 mi11$10,411,313$492,450$946,483
02832Hope Valley, RI 0283210.5 mi11$5,944,246$499,900$540,386
06390Fishers Island, NY 0639011.9 mi1$6,500,000$6,500,000$6,500,000
02898Wyoming, RI 0289812.8 mi15$33,096,030$1,500,000$2,206,402
02892West Kingston, RI 0289214.0 mi9$4,499,460$499,900$499,940
06335Gales Ferry, CT 0633514.7 mi17$6,992,100$394,950$411,300
06365Preston, CT 0636515.5 mi11$15,363,337$374,500$1,396,667
02881Kingston, RI 0288116.2 mi4$3,016,000$754,000$754,000
02807Block Island, RI 0280716.9 mi14$48,597,500$3,395,000$3,471,250

Frequently Asked Questions

How many homes are for sale in WESTERLY, RI 02891?

As of January 2026, there are 61 active listings in WESTERLY, RI (zip code 02891), compared to 52 the prior year.

What is the median home price in WESTERLY, RI 02891?

The median listing price in WESTERLY, RI 02891 is $1,272,500 as of January 2026, a 33.3% increase from $954,950 the prior year.

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

Homes in WESTERLY, RI 02891 spend an average of 76 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in WESTERLY, RI 02891?

Based on current inventory and days-on-market data as of January 2026, WESTERLY, RI 02891 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 76 days on market compared to 74 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WESTERLY, RI 02891 save an estimated $25,450 compared to a typical 5% commission on the median listing price of $1,272,500. 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.