Housing in 02882 Narragansett, RI is quite expensive with a median value of $711,100. This is more than double the US median value of $338,100. While the US housing appreciation rate over the last year was 8.27%, homes in 02882 Narragansett experienced a 10.78% appreciation rate. This suggests that it may be a good location to invest in as prices are likely to continue to increase over time.
The median home cost in Narragansett (zip 02882) is $711,100. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Narragansett (zip 02882) is up 16.0%.
Average Age of Homes
- The median age of Narragansett (zip 02882) real estate is 42 years old
The Rental Market in Narragansett (zip 02882)
- Renters make up 22.7% of the Narragansett (zip 02882) population
- 1.9% of houses and apartments in Narragansett (zip 02882), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.