Kingston, RI Foreclosures
How much do homes sell for in Kingston, RI?
The average home price is currently $727,948.
What’s the average rental cost in Kingston, RI?
The average rental price in Kingston is $1,789.
What is the most expensive home in Kingston?
The most expensive home sold in Kingston had a price of $12,482,332.
What is currently the cheapest priced home in Kingston, RI?
The cheapest home for sale in Kingston is priced at $138,087.
Living in Kingston, RI
Kingston, Rhode Island, is a quaint village filled with culture and outdoor activities. The presence of the University of Rhode Island adds vibrancy to the area while providing various educational and recreational opportunities. With beautiful parks and a welcoming community, Kingston is an attractive destination for families and individuals alike.
Current Market Conditions in Kingston, RI
The real estate market in Kingston has shown positive growth this past year. Homes are selling faster than last year, with many listings receiving multiple offers. The popularity of the area, particularly among families and students, has led to an increase in housing demand. Additionally, the continued development of local amenities has made Kingston a desirable place to live, resulting in rising home prices.
In the past month, the Kingston market has been steady with a slight increase in home sales. The demand remains, yet inventory continues to be a challenge, keeping prices relatively stable. The average time on the market has not changed significantly, indicating persistent interest from buyers.
Home Value Estimator For Kingston, RI
There are currently 702 real estate properties
in Kingston, RI,
with a median automated valuation model (AVM) price
of $672,995.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kingston, 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 Kingston, RI,
is $727,948.00, with the most expensive house
in Kingston, RI, topping out
at $12,482,332.00 and the cheapest home
in Kingston, RI,
clocking in at $138,087.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kingston, RI!
Rent Prices
In Kingston, RI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kingston, RI, is on
a rollercoaster ride. The
average rent price in Kingston, RI,
is $1,789.00. Indeed, when looking to rent in
Kingston, RI, you can expect to pay as little
as $840.00 or as much
as $2,730.00,
with the average rent median estimated to
be $1,790.00. The good news is that finding
an affordable and desirable property to rent in Kingston, 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.
Learn more on Foreclosure homes
