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Short Sale Listings in Narragansett, RI

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Narragansett, RI Foreclosures

How much do homes sell for in Narragansett, RI?
The average home price is currently $1,136,066.
In Narragansett, RI, how many homes are available?
There are currently 4 active home listings available in Narragansett.
What’s the average rental cost in Narragansett, RI?
The average rental price in Narragansett is $1,937.
What is the most expensive home in Narragansett?
The most expensive home sold in Narragansett had a price of $23,297,392.
What is currently the cheapest priced home in Narragansett, RI?
The cheapest home for sale in Narragansett is priced at $76,392.

Living in Narragansett, RI

Narragansett, Rhode Island, is a charming beach town renowned for its stunning ocean views, sandy beaches, and a friendly community atmosphere. The area offers a variety of amenities including shops, restaurants, and access to outdoor activities. With a strong focus on family and community, it’s an ideal location for those seeking a balanced lifestyle close to the coast.

Current Market Conditions in Narragansett, RI

The real estate market in Narragansett is currently seeing a steady increase in property values, driven by the desirable coastal location and high demand for vacation homes. Homes are selling faster than in previous years, and buyers are increasingly looking for places that offer both access to the beach and a sense of community.

There has been a noticeable uptick in younger families moving into the area, attracted by the quality of local schools and recreational opportunities. This shift is causing more developments to emerge, catering to the modern needs of these new residents.

Home Value Estimator For Narragansett, RI

There are currently 8,633 real estate properties in Narragansett, RI, with a median automated valuation model (AVM) price of $915,785.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Narragansett, 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 Narragansett, RI, is $1,136,066.00, with the most expensive house in Narragansett, RI, topping out at $23,297,392.00 and the cheapest home in Narragansett, RI, clocking in at $76,392.00. In other words, there’s something for every potential homebuyer or savvy investor in Narragansett, RI!

Rent Prices In Narragansett, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Narragansett, RI, is on a rollercoaster ride. The average rent price in Narragansett, RI, is $1,937.00. Indeed, when looking to rent in Narragansett, RI, you can expect to pay as little as $930.00 or as much as $5,040.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Narragansett, 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.

Narragansett, RI Short Sale Listings

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