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RUMFORD, RI 02916

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

Market Analysis

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

The RUMFORD, RI real estate market (02916) currently shows 31 active listings, with 21 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 25 days last year.

The median listing price has risen 18.5% year-over-year, from $475,000 to $562,996.

Whether you are buying or selling in RUMFORD, 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: 8,855  ·  Density: 1,288.6/mi²  ·  Median household income: $92,602

Typical home value: $332,373  ·  Homeownership: 72.1%

Market Overview

Active Listings
31
⇧ 158.3% vs 12 last year
Pending
21
68% pending ratio
Median Price
$562,996
⇧ 18.5% vs $475,000 last year
Average Price
$635,432
⇧ 10.1% vs $577,050 last year
Days on Market
41
⇧ 64% vs 25 days last year

Price Per Square Foot

Median $/sqft
$354
⇧ 3.5% vs $342/sqft last year
Median Home Size
1,593 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 12 last year
  • Days on market: 41 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $562,996 (+18.5% YoY)
  • Average: $635,432 (+10.1% 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 9.1 miles — 472 listings ($269,002,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02916Rumford, RI 029160.0 mi30$18,060,180$517,635$602,006
02906Providence, RI 029061.9 mi44$46,463,692$674,700$1,055,993
02861Pawtucket, RI 028612.4 mi44$20,330,860$452,450$462,065
02903Providence, RI 029033.4 mi20$9,242,760$468,500$462,138
02904Providence, RI 029044.4 mi58$20,974,424$382,450$361,628
02905Providence, RI 029054.6 mi34$14,761,406$418,500$434,159
02907Providence, RI 029074.9 mi18$8,035,794$452,150$446,433
02769Rehoboth, MA 027695.5 mi30$26,698,020$849,450$889,934
02910Cranston, RI 029106.4 mi34$14,968,194$406,175$440,241
02865Lincoln, RI 028656.8 mi46$28,744,066$494,475$624,871
02888Warwick, RI 028887.2 mi38$15,979,266$424,900$420,507
02919Johnston, RI 029198.7 mi75$44,333,850$535,000$591,118
02802Albion, RI 028029.1 mi1$410,000$410,000$410,000

Frequently Asked Questions

How many homes are for sale in RUMFORD, RI 02916?

As of March 2026, there are 31 active listings in RUMFORD, RI (zip code 02916), compared to 12 the prior year.

What is the median home price in RUMFORD, RI 02916?

The median listing price in RUMFORD, RI 02916 is $562,996 as of March 2026, a 18.5% increase from $475,000 the prior year.

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

Homes in RUMFORD, RI 02916 spend an average of 41 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in RUMFORD, RI 02916?

Based on current inventory and days-on-market data as of March 2026, RUMFORD, RI 02916 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 25 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RUMFORD, RI 02916 save an estimated $11,260 compared to a typical 5% commission on the median listing price of $562,996. 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.