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Foreclosure Homes in Warwick, RI 02889

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Warwick, RI Foreclosures

Current Market Conditions in in Warwick, RI As of March 2026?
Over the past month, Warwick's real estate market has experienced a slight uptick in activity, with homes selling more quickly due to low inventory levels. Demand remains strong, especially among first-time homebuyers and those relocating from nearby cities. Sellers are seeing multiple offers for well-maintained properties, leading to an increase in closing prices in some segments of the market. As the fall season progresses, the trend of increased buyer interest is expected to continue, contributing to a favorable market for those looking to invest.
How much do homes sell for in Warwick, RI?
The average home price is currently $501,283.
In Warwick, RI, how many homes are available?
There are currently 41 active home listings available in Warwick.
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 $134,583,048.
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, Rhode Island, is a vibrant city located on the shores of Narragansett Bay, offering a perfect blend of suburban comfort and urban convenience. Known for its excellent schools and varied recreational activities, Warwick is a popular choice for families and professionals alike. With a robust local economy and a variety of shopping and dining options, Warwick stands out as a desirable place to live in the Ocean State.

Buyer vs Seller Market in Warwick, RI

Currently, Warwick's real estate market is robust, with a steady demand for homes due to the desirable suburban lifestyle and proximity to Providence. The area has seen an influx of buyers, particularly young families and professionals looking for affordable housing options with good schools. Home prices have increased moderately in the past year, reflecting the region's popularity and stable economic growth.

The rental market remains competitive as well, with a variety of single-family homes and apartments available. Recent developments have added more rental units to the market, helping to meet the demand and catering to diverse housing needs.

Home Value Estimator For Warwick, RI

There are currently 30,551 real estate properties in Warwick, RI, with a median automated valuation model (AVM) price of $409,515.00. 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 $501,283.00, with the most expensive house in Warwick, RI, topping out at $134,583,048.00 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.

Warwick, RI 02889 Foreclosures

Market Trend for Warwick, RI

Total Listings Available: 41

Market Values:

Home Prices from $11,638 to $134,583,048

Average Sales Price: $501,283

Rental Values:

Rental from $710 to $4,160

Average Rent Value: $1,589 / month

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