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Rent To Own Homes in Warwick, RI 02889

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Warwick, RI Foreclosures

How much do homes sell for in Warwick, RI?
The average home price is currently $485,841.
In Warwick, RI, how many homes are available?
There are currently 14 active home listings available in Warwick.
What’s the average rental cost in Warwick, RI?
The average rental price in Warwick is $1,589.
What is the most expensive home in Warwick?
The most expensive home sold in Warwick had a price of $134,192,828.
What is currently the cheapest priced home in Warwick, RI?
The cheapest home for sale in Warwick is priced at $11,695.

Living in Warwick, RI

Warwick, RI, is a thriving city known for its beautiful waterfront, recreational parks, and a strong community feel. It offers great amenities and educational opportunities, making it ideal for families and outdoor lovers. With diverse leisure activities and convenient transportation, Warwick is a charming place to call home.

Current Market Conditions in Warwick, RI

The current real estate market in Warwick is showing signs of steady growth, with a mix of single-family homes and condos appealing to a range of buyers. The available inventory is relatively balanced, which helps to stabilize home prices and maintain market activity. As more buyers seek out properties close to the water, demand continues to rise in sought-after neighborhoods.

In recent years, Warwick has seen renewed interest from investors and first-time homebuyers, driven by its affordability compared to nearby coastal cities. The market is characterized by a healthy turnover of homes, with many properties being listed and sold quickly, indicating a robust demand.

Home Value Estimator For Warwick, RI

There are currently 30,436 real estate properties in Warwick, RI, with a median automated valuation model (AVM) price of $403,880.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Warwick, RI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Warwick, RI, is $485,841.00, with the most expensive house in Warwick, RI, topping out at $134,192,828.00 and the cheapest home in Warwick, RI, clocking in at $11,695.00. In other words, there’s something for every potential homebuyer or savvy investor in Warwick, RI!

Rent Prices In Warwick, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Warwick, RI, is on a rollercoaster ride. The average rent price in Warwick, RI, is $1,589.00. Indeed, when looking to rent in Warwick, RI, you can expect to pay as little as $710.00 or as much as $4,160.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Warwick, RI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Warwick, RI 02889 Rent To Own Homes

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