The 16 most competitive housing markets in Rhode Island
The 16 most competitive housing markets in Rhode Island
Across much of the U.S., people are struggling to buy and sell homes. Homebuyers are scared off by high prices and economic uncertainty, while home sellers are staying put until they can earn more profit from the sale. Student loan debt is adding even more pressure on younger buyers. As such, houses are selling at a historically slow rate, especially in the Sun Belt—even as mortgage rates fall.
That's not the case everywhere, though. In today's market, understanding your local level of competition can help you make smarter decisions. It affects everything from how quickly homes sell to how much negotiating power buyers and sellers have.
Conditions vary widely across Rhode Island—but this list can help. Redfin Real Estate ranked the most competitive cities in Rhode Island based on their combined months of supply (lower is better), average sale to list ratio (higher is better), and median days on market (lower is better). All data is an average for the January-October 2025 period. To see the most competitive cities in the country, read this recent Redfin article.
#1. Valley Falls, Rhode Island
- Days on market: 26.79 days
- Sale to list ratio: 101.6%
- Months of supply: 1.31 months
- Share of homes sold above list price: 56.1%
- Share of homes that went off market in two weeks: 54.5%
- See homes for sale in Valley Falls on Redfin.com
#2. Warwick, Rhode Island
- Days on market: 26.82 days
- Sale to list ratio: 101.7%
- Months of supply: 1.59 months
- Share of homes sold above list price: 59.0%
- Share of homes that went off market in two weeks: 55.2%
- See homes for sale in Warwick on Redfin.com
#3. East Providence, Rhode Island
- Days on market: 24.09 days
- Sale to list ratio: 100.9%
- Months of supply: 1.44 months
- Share of homes sold above list price: 56.0%
- Share of homes that went off market in two weeks: 54.9%
- See homes for sale in East Providence on Redfin.com
#4. Pawtucket, Rhode Island
- Days on market: 27.6 days
- Sale to list ratio: 101.7%
- Months of supply: 1.78 months
- Share of homes sold above list price: 64.9%
- Share of homes that went off market in two weeks: 48.9%
- See homes for sale in Pawtucket on Redfin.com
#5. Cranston, Rhode Island
- Days on market: 30.16 days
- Sale to list ratio: 101.4%
- Months of supply: 1.68 months
- Share of homes sold above list price: 57.9%
- Share of homes that went off market in two weeks: 50.1%
- See homes for sale in Cranston on Redfin.com
#5. Cumberland Hill, Rhode Island
- Days on market: 33.2 days
- Sale to list ratio: 101.6%
- Months of supply: 1.44 months
- Share of homes sold above list price: 64.6%
- Share of homes that went off market in two weeks: 49.1%
- See homes for sale in Cumberland Hill on Redfin.com
#7. Greenville, Rhode Island
- Days on market: 29.59 days
- Sale to list ratio: 100.3%
- Months of supply: 1.54 months
- Share of homes sold above list price: 47.1%
- Share of homes that went off market in two weeks: 48.2%
- See homes for sale in Greenville on Redfin.com
#8. Providence, Rhode Island
- Days on market: 25.15 days
- Sale to list ratio: 101.0%
- Months of supply: 2.06 months
- Share of homes sold above list price: 54.3%
- Share of homes that went off market in two weeks: 50.3%
- See homes for sale in Providence on Redfin.com
#8. Westerly, Rhode Island
- Days on market: 24.04 days
- Sale to list ratio: 99.7%
- Months of supply: 1.97 months
- Share of homes sold above list price: 40.5%
- Share of homes that went off market in two weeks: 48.6%
- See homes for sale in Westerly on Redfin.com
#10. Woonsocket, Rhode Island
- Days on market: 30.98 days
- Sale to list ratio: 101.4%
- Months of supply: 1.91 months
- Share of homes sold above list price: 57.1%
- Share of homes that went off market in two weeks: 44.7%
- See homes for sale in Woonsocket on Redfin.com
#11. Wakefield-Peace Dale, Rhode Island
- Days on market: 32.84 days
- Sale to list ratio: 101.1%
- Months of supply: 1.75 months
- Share of homes sold above list price: 51.1%
- Share of homes that went off market in two weeks: 55.9%
- See homes for sale in Wakefield-Peace Dale on Redfin.com
#12. Pascoag, Rhode Island
- Days on market: 35.04 days
- Sale to list ratio: 102.1%
- Months of supply: 2.36 months
- Share of homes sold above list price: 53.6%
- Share of homes that went off market in two weeks: nan
- See homes for sale in Pascoag on Redfin.com
#13. Tiverton, Rhode Island
- Days on market: 31.04 days
- Sale to list ratio: 100.1%
- Months of supply: 1.99 months
- Share of homes sold above list price: 45.7%
- Share of homes that went off market in two weeks: 44.1%
- See homes for sale in Tiverton on Redfin.com
#14. Narragansett Pier, Rhode Island
- Days on market: 57.43 days
- Sale to list ratio: 95.7%
- Months of supply: 2.09 months
- Share of homes sold above list price: 21.6%
- Share of homes that went off market in two weeks: 27.3%
- See homes for sale in Narragansett Pier on Redfin.com
#14. Newport, Rhode Island
- Days on market: 46.61 days
- Sale to list ratio: 97.0%
- Months of supply: 2.97 months
- Share of homes sold above list price: 15.4%
- Share of homes that went off market in two weeks: 45.5%
- See homes for sale in Newport on Redfin.com
#16. Newport East, Rhode Island
- Days on market: 66.6 days
- Sale to list ratio: 96.3%
- Months of supply: 2.59 months
- Share of homes sold above list price: 20.8%
- Share of homes that went off market in two weeks: 36.6%
- See homes for sale in Newport East on Redfin.com