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Foreclosure Auction Homes in Portsmouth, RI

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Portsmouth, RI Foreclosures

How much do homes sell for in Portsmouth, RI?
The average home price is currently $751,814.
In Portsmouth, RI, how many homes are available?
There are currently 3 active home listings available in Portsmouth.
What’s the average rental cost in Portsmouth, RI?
The average rental price in Portsmouth is $2,196.
What is the most expensive home in Portsmouth?
The most expensive home sold in Portsmouth had a price of $29,720,380.
What is currently the cheapest priced home in Portsmouth, RI?
The cheapest home for sale in Portsmouth is priced at $17,150.

Living in Portsmouth, RI

Portsmouth, RI, offers a delightful blend of history and modern living, with picturesque waterfront views and a variety of outdoor activities. Residents enjoy excellent schools, local amenities, and a close-knit community. The town’s inviting atmosphere makes it perfect for families and individuals seeking tranquility near the ocean.

Current Market Conditions in Portsmouth, RI

Portsmouth's real estate market has shown resilience and consistent growth, with a steady demand for homes driven by its appealing coastal lifestyle and quality of life. Prices have been on the rise as more people look to settle in this charming town, and inventory remains relatively low, making it a competitive market for potential buyers.

The current market trends indicate a preference for single-family homes and waterfront properties, leading to increased prices year-over-year. The stability of the real estate market here is bolstered by its desirable location, proximity to Newport, and ongoing community developments that cater to rising living standards.

Home Value Estimator For Portsmouth, RI

There are currently 6,989 real estate properties in Portsmouth, RI, with a median automated valuation model (AVM) price of $617,105.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portsmouth, 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 Portsmouth, RI, is $751,814.00, with the most expensive house in Portsmouth, RI, topping out at $29,720,380.00 and the cheapest home in Portsmouth, RI, clocking in at $17,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Portsmouth, RI!

Rent Prices In Portsmouth, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portsmouth, RI, is on a rollercoaster ride. The average rent price in Portsmouth, RI, is $2,196.00. Indeed, when looking to rent in Portsmouth, RI, you can expect to pay as little as $990.00 or as much as $4,600.00, with the average rent median estimated to be $2,110.00. The good news is that finding an affordable and desirable property to rent in Portsmouth, 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.

Portsmouth, RI Foreclosure Auction Homes


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