Cranston, RI Foreclosures
How much do homes sell for in Cranston, RI?
The average home price is currently $514,095.
In Cranston, RI, how many homes are available?
There are currently 4 active home listings available in Cranston.
What’s the average rental cost in Cranston, RI?
The average rental price in Cranston is $1,737.
What is the most expensive home in Cranston?
The most expensive home sold in Cranston had a price of $60,433,298.
What is currently the cheapest priced home in Cranston, RI?
The cheapest home for sale in Cranston is priced at $19,015.
Living in Cranston, RI
Cranston, RI, is a family-friendly city known for its suburban tranquility and urban conveniences. With access to great schools, parks, and a bustling local community, it's an ideal location for those seeking a balanced lifestyle. Its close proximity to Providence enhances its appeal as a great place to live and work.
Current Market Conditions in Cranston, RI
Currently, the real estate market in Cranston is robust, with a mixture of single-family homes, condos, and townhouses attracting a variety of buyers. Prices have seen a steady increase over the past year, driven by low inventory and high demand, making it a competitive market for homebuyers. Investors are also taking note of the area as rental prices rise, making rental properties a lucrative investment opportunity.
The city has seen new developments and renovations, further adding to the appeal of the neighborhood. The combination of a strong community, good schools, and accessible amenities continues to make Cranston a desirable place to call home.
Home Value Estimator For Cranston, RI
There are currently 27,272 real estate properties
in Cranston, RI,
with a median automated valuation model (AVM) price
of $442,006.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cranston, 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 Cranston, RI,
is $514,095.00, with the most expensive house
in Cranston, RI, topping out
at $60,433,298.00 and the cheapest home
in Cranston, RI,
clocking in at $19,015.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cranston, RI!
Rent Prices
In Cranston, RI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cranston, RI, is on
a rollercoaster ride. The
average rent price in Cranston, RI,
is $1,737.00. Indeed, when looking to rent in
Cranston, RI, you can expect to pay as little
as $690.00 or as much
as $3,900.00,
with the average rent median estimated to
be $1,690.00. The good news is that finding
an affordable and desirable property to rent in Cranston, 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.
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