Warren, RI Foreclosures
How much do homes sell for in Warren, RI?
The average home price is currently $535,820.
In Warren, RI, how many homes are available?
There are currently 2 active home listings available in Warren.
What’s the average rental cost in Warren, RI?
The average rental price in Warren is $1,572.
What is the most expensive home in Warren?
The most expensive home sold in Warren had a price of $8,867,982.
What is currently the cheapest priced home in Warren, RI?
The cheapest home for sale in Warren is priced at $28,896.
Living in Warren, RI
Warren, RI, is a charming coastal town known for its historic buildings and vibrant arts culture. The town offers picturesque waterfront views, an active community life, and access to various outdoor activities. With a strong focus on education and convenient transportation options, Warren is an appealing destination for both families and individuals.
Current Market Conditions in Warren, RI
The Warren, RI real estate market is currently witnessing a steady demand, driven by an influx of home buyers seeking the town's tranquil living environment and scenic beauty. Home prices have seen a moderate rise compared to previous years, indicating a healthy interest from buyers. The availability of diverse housing options, from historic homes to modern constructions, caters to a wide range of buyers' preferences.
Trends show that buyers are increasingly looking for homes with outdoor spaces, as many seek a lifestyle that combines comfort with nature. Low inventory levels in the housing market have resulted in competitive bidding situations, driving sales to close faster, while home values gradually increase.
Home Value Estimator For Warren, RI
There are currently 4,792 real estate properties
in Warren, RI,
with a median automated valuation model (AVM) price
of $480,408.00. 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 $535,820.00, with the most expensive house
in Warren, RI, topping out
at $8,867,982.00 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 $1,572.00. 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.
Learn more on Foreclosure homes
