The housing market in 02885 Warren, RI is performing well above the national average. With the median home value in the area at $436,100, it is significantly higher than the US median home value of $338,100. Furthermore, the one year house appreciation rate in this area is 10.78%, which greatly exceeds the national one year house appreciation rate of 8.27%. This indicates that the housing market in 02885 Warren, RI is robust and currently outperforming other areas across the United States.
The median home cost in Warren (zip 02885) is $436,100. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Warren (zip 02885) is up 16.0%.
Average Age of Homes
- The median age of Warren (zip 02885) real estate is 59 years old
The Rental Market in Warren (zip 02885)
- Renters make up 39.4% of the Warren (zip 02885) population
- 0.5% of houses and apartments in Warren (zip 02885), 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.