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WARWICK, RI 02886

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

Market Analysis

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

The WARWICK, RI real estate market (02886) currently shows 73 active listings, with 42 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.

The median listing price has fallen 0.8% year-over-year, from $462,975 to $459,500.

Whether you are buying or selling in WARWICK, 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: 30,540  ·  Density: 746.5/mi²  ·  Median household income: $81,788

Typical home value: $304,021  ·  Homeownership: 65.8%

Market Overview

Active Listings
73
⇧ 28.1% vs 57 last year
Pending
42
58% pending ratio
Median Price
$459,500
⇩ 0.8% vs $462,975 last year
Average Price
$486,347
⇩ 4.6% vs $509,724 last year
Days on Market
34
⇧ 41.7% vs 24 days last year

Price Per Square Foot

Median $/sqft
$332
⇧ 16.1% vs $286/sqft last year
Median Home Size
1,460 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 73 this year vs 57 last year
  • Days on market: 34 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $459,500 (-0.8% YoY)
  • Average: $486,347 (-4.6% 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 10.2 miles — 402 listings ($209,050,428 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02886Warwick, RI 028860.0 mi71$37,414,373$520,000$526,963
02889Warwick, RI 028893.5 mi85$38,919,545$464,900$457,877
02920Cranston, RI 029204.3 mi54$28,122,390$484,450$520,785
02823Fiskeville, RI 028234.8 mi1$644,900$644,900$644,900
02910Cranston, RI 029105.0 mi33$13,630,419$399,900$413,043
02907Providence, RI 029076.7 mi20$8,597,540$429,900$429,877
02915Riverside, RI 029157.6 mi23$10,897,561$440,000$473,807
02806Barrington, RI 028067.9 mi22$17,864,220$685,000$812,010
02903Providence, RI 029038.3 mi19$8,974,764$449,500$472,356
02914East Providence, RI 029148.9 mi28$12,745,376$449,950$455,192
02872Prudence Island, RI 028729.1 mi2$1,079,000$539,500$539,500
02809Bristol, RI 028099.9 mi28$20,901,076$574,500$746,467
02885Warren, RI 0288510.2 mi16$9,259,264$489,450$578,704

Frequently Asked Questions

How many homes are for sale in WARWICK, RI 02886?

As of February 2026, there are 73 active listings in WARWICK, RI (zip code 02886), compared to 57 the prior year.

What is the median home price in WARWICK, RI 02886?

The median listing price in WARWICK, RI 02886 is $459,500 as of February 2026, a 0.8% decrease from $462,975 the prior year.

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

Homes in WARWICK, RI 02886 spend an average of 34 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in WARWICK, RI 02886?

Based on current inventory and days-on-market data as of February 2026, WARWICK, RI 02886 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WARWICK, RI 02886 save an estimated $9,190 compared to a typical 5% commission on the median listing price of $459,500. 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.