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HOPE VALLEY, RI 02832

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HOPE VALLEY, RI real estate market (02832) currently shows 10 active listings, with 5 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 48 days on market compared to 55 days last year.

The median listing price has fallen 12.4% year-over-year, from $559,969 to $490,500.

Whether you are buying or selling in HOPE VALLEY, RI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,887  ·  Density: 76.1/mi²  ·  Median household income: $102,643

Typical home value: $397,093  ·  Homeownership: 78.4%

Market Overview

Active Listings
10
⇩ 16.7% vs 12 last year
Pending
5
50% pending ratio
Median Price
$490,500
⇩ 12.4% vs $559,969 last year
Average Price
$517,872
⇩ 0.5% vs $520,560 last year
Days on Market
48
⇩ 12.7% vs 55 days last year

Price Per Square Foot

Median $/sqft
$262
⇩ 29% vs $369/sqft last year
Median Home Size
1,675 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 12 last year
  • Days on market: 48 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $490,500 (-12.4% YoY)
  • Average: $517,872 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.6 miles — 204 listings ($340,193,229 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02832Hope Valley, RI 028320.0 mi11$5,944,246$499,900$540,386
02898Wyoming, RI 028983.1 mi15$33,096,030$1,500,000$2,206,402
02894Wood River Junction, RI 028944.2 mi1$549,900$549,900$549,900
02822Exeter, RI 028226.5 mi8$4,826,400$659,900$603,300
02808Bradford, RI 028086.9 mi6$3,237,240$549,000$539,540
06359North Stonington, CT 063598.0 mi11$10,411,313$492,450$946,483
02817West Greenwich, RI 028179.2 mi10$7,396,750$729,900$739,675
02891Westerly, RI 0289110.5 mi61$159,887,466$1,272,500$2,621,106
06379Pawcatuck, CT 0637911.7 mi14$15,548,960$869,950$1,110,640
06378Stonington, CT 0637812.9 mi22$38,651,910$1,589,500$1,756,905
02874Saunderstown, RI 0287413.4 mi15$36,882,000$1,559,500$2,458,800
06365Preston, CT 0636514.2 mi11$15,363,337$374,500$1,396,667
06339Ledyard, CT 0633914.6 mi19$8,397,677$459,000$441,983

Frequently Asked Questions

How many homes are for sale in HOPE VALLEY, RI 02832?

As of February 2026, there are 10 active listings in HOPE VALLEY, RI (zip code 02832), compared to 12 the prior year.

What is the median home price in HOPE VALLEY, RI 02832?

The median listing price in HOPE VALLEY, RI 02832 is $490,500 as of February 2026, a 12.4% decrease from $559,969 the prior year.

How long do homes stay on the market in HOPE VALLEY, RI?

Homes in HOPE VALLEY, RI 02832 spend an average of 48 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in HOPE VALLEY, RI 02832?

Based on current inventory and days-on-market data as of February 2026, HOPE VALLEY, RI 02832 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 48 days on market compared to 55 days last year.

How much can I save on real estate commission in HOPE VALLEY, RI?

With SELL123.com's maximum 3% commission, sellers in HOPE VALLEY, RI 02832 save an estimated $9,810 compared to a typical 5% commission on the median listing price of $490,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.