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Foreclosure Homes in Chepachet, RI 02814

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Chepachet, RI Foreclosures

How much do homes sell for in Chepachet, RI?
The average home price is currently $514,219.
In Chepachet, RI, how many homes are available?
There are currently 4 active home listings available in Chepachet.
What’s the average rental cost in Chepachet, RI?
The average rental price in Chepachet is $1,752.
What is the most expensive home in Chepachet?
The most expensive home sold in Chepachet had a price of $10,678,368.
What is currently the cheapest priced home in Chepachet, RI?
The cheapest home for sale in Chepachet is priced at $11,347.

Living in Chepachet, RI

Chepachet, RI, is a charming village in Burrillville known for its tranquil atmosphere, beautiful landscapes, and engaged community. Residents benefit from local amenities and outdoor activities, while the close-knit environment fosters a sense of belonging. Perfect for families and individuals seeking a peaceful lifestyle, Chepachet combines rural charm with modern conveniences.

Current Market Conditions in Chepachet, RI

The current real estate market in Chepachet is experiencing an upswing, with a steady demand for homes driven by families and individuals seeking more space and a quieter lifestyle away from urban environments. Homes in the area are being sold relatively quickly, with many listings receiving multiple offers, indicating strong buyer interest and competitive pricing in 2023.

In recent months, Chepachet has seen an increase in home prices due to limited inventory and high demand for real estate in the region. This trend has encouraged some new construction, revealing a positive outlook for the housing market as developers work to meet buyer needs.

Home Value Estimator For Chepachet, RI

There are currently 3,353 real estate properties in Chepachet, RI, with a median automated valuation model (AVM) price of $490,355.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chepachet, 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 Chepachet, RI, is $514,219.00, with the most expensive house in Chepachet, RI, topping out at $10,678,368.00 and the cheapest home in Chepachet, RI, clocking in at $11,347.00. In other words, there’s something for every potential homebuyer or savvy investor in Chepachet, RI!

Rent Prices In Chepachet, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chepachet, RI, is on a rollercoaster ride. The average rent price in Chepachet, RI, is $1,752.00. Indeed, when looking to rent in Chepachet, RI, you can expect to pay as little as $770.00 or as much as $2,820.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Chepachet, 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.

Chepachet, RI 02814 Foreclosures

Market Trend for Chepachet, RI

Total Listings Available: 4

Market Values:

Home Prices from $11,347 to $10,678,368

Average Sales Price: $514,219

Rental Values:

Rental from $770 to $2,820

Average Rent Value: $1,752 / month

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