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Foreclosures in Warren, RI

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Living in Warren, RI

Warren, RI, is a picturesque town with a strong sense of community and a beautiful coastal environment. It features a historic downtown, recreational activities along the East Bay, and a family-friendly atmosphere. The area is well-connected to nearby cities while retaining its unique charm.

Current Market Conditions in Warren, RI

Currently, the real estate market in Warren is experiencing steady growth, with demand for homes increasing due to its appealing lifestyle and proximity to Providence. Home prices have shown a gradual appreciation, attracting both investors and homebuyers looking for a tranquil living environment.

Vacancy rates in the area are relatively low, indicating a strong demand for rental properties, which makes it a great opportunity for real estate investors. Additionally, new developments and renovations are expected in the coming years, contributing to the growth potential in the market.

Home Value Estimator For Warren, RI

There are currently 3,463 real estate properties in Warren, RI, with a median automated valuation model (AVM) price of $475,401.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Warren, 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 Warren, RI, is $509,062.00, with the most expensive house in Warren, RI, topping out at $9,397,706.00 and the cheapest home in Warren, RI, clocking in at $28,896.00. In other words, there’s something for every potential homebuyer or savvy investor in Warren, RI!

Rent Prices In Warren, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Warren, RI, is on a rollercoaster ride. The average rent price in Warren, RI, is $1,571.00. Indeed, when looking to rent in Warren, RI, you can expect to pay as little as $650.00 or as much as $3,140.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Warren, 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.

Warren, RI Foreclosures


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