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Cheap Homes in Warwick, RI 02886

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Warwick, RI Foreclosures

Current Market Conditions in in Warwick, RI As of January 2026?
Over the past month, Warwick's real estate market has shown signs of stability despite the seasonal fluctuations typical for this time of year. The number of new listings has slightly increased, allowing buyers more choices, yet bidding wars remain common in desirable neighborhoods. Average days on market have remained steady, indicating robust interest from prospective buyers.
How much do homes sell for in Warwick, RI?
The average home price is currently $501,391.
What’s the average rental cost in Warwick, RI?
The average rental price in Warwick is $1,589.
What is the most expensive home in Warwick?
The most expensive home sold in Warwick had a price of $134,720,736.
What is currently the cheapest priced home in Warwick, RI?
The cheapest home for sale in Warwick is priced at $11,638.

Living in Warwick, RI

Warwick is a picturesque city in Rhode Island, offering a unique blend of coastal living and suburban convenience. With numerous parks, shopping centers, and excellent schools, it is an ideal place for families and professionals. The community boasts a rich historical backdrop, with ample recreational opportunities available year-round.

Buyer vs Seller Market in Warwick, RI

The real estate market in Warwick, RI, is currently experiencing a steady demand, driven by the city's attractive lifestyle and proximity to Providence. With a mix of single-family homes and condominiums, buyers have a variety of options. Inventory levels are relatively low, contributing to competitive offers and escalating home prices.

Home Value Estimator For Warwick, RI

There are currently 30,549 real estate properties in Warwick, RI, with a median automated valuation model (AVM) price of $409,069.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Warwick, 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 Warwick, RI, is $501,391.00, with the most expensive house in Warwick, RI, topping out at $134,720,736.00 and the cheapest home in Warwick, RI, clocking in at $11,638.00. In other words, there’s something for every potential homebuyer or savvy investor in Warwick, RI!

Rent Prices In Warwick, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Warwick, RI, is on a rollercoaster ride. The average rent price in Warwick, RI, is $1,589.00. Indeed, when looking to rent in Warwick, RI, you can expect to pay as little as $710.00 or as much as $4,160.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Warwick, 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.

Cheap Homes in Warwick, RI 02886

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