Scituate, RI Foreclosures
How much do homes sell for in Scituate, RI?
The average home price is currently $551,293.
In Scituate, RI, how many homes are available?
There are currently 2 active home listings available in Scituate.
What’s the average rental cost in Scituate, RI?
The average rental price in Scituate is $1,855.
What is the most expensive home in Scituate?
The most expensive home sold in Scituate had a price of $3,415,492.
What is currently the cheapest priced home in Scituate, RI?
The cheapest home for sale in Scituate is priced at $28,763.
Living in Scituate, RI
Scituate, Rhode Island, boasts a charming small-town atmosphere surrounded by scenic landscapes and ample natural beauty. The community is known for its picturesque rural charm, with access to lakes and parks that offer a variety of outdoor activities like hiking and fishing. With a strong educational system and proximity to urban amenities, Scituate is an attractive option for families and individuals seeking a peaceful lifestyle with convenient access to nearby cities.
Current Market Conditions in Scituate, RI
Scituate's real estate market is currently characterized by modest growth, with a balanced inventory of homes available for sale. The demand for single-family homes continues to rise as more people discover the joys of suburban living, contributing to a stable increase in property values. The market offers a diverse selection of homes ranging from quaint historic properties to modern new builds, catering to various buyer preferences and budgets.
Recently, there has been an uptick in first-time buyers entering the Scituate market, drawn by the town's serene environment and good schools. Home sales have been brisk, with many properties receiving multiple offers and selling within a relatively short timeframe. This competitive landscape indicates strong buyer interest, suggesting that Scituate will continue to appreciate in value.
Investors have also shown interest in Scituate, attracted by the potential for rental income in a rapidly growing community. As more people seek the calm of suburban life combined with easy access to urban amenities, the area is poised for further development and appreciation.
Home Value Estimator For Scituate, RI
There are currently 2,303 real estate properties
in Scituate, RI,
with a median automated valuation model (AVM) price
of $523,055.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scituate, 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 Scituate, RI,
is $551,293.00, with the most expensive house
in Scituate, RI, topping out
at $3,415,492.00 and the cheapest home
in Scituate, RI,
clocking in at $28,763.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scituate, RI!
Rent Prices
In Scituate, RI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scituate, RI, is on
a rollercoaster ride. The
average rent price in Scituate, RI,
is $1,855.00. Indeed, when looking to rent in
Scituate, RI, you can expect to pay as little
as $1,010.00 or as much
as $3,740.00,
with the average rent median estimated to
be $1,850.00. The good news is that finding
an affordable and desirable property to rent in Scituate, 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
