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WARWICK, RI 02888

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WARWICK, RI real estate market (02888) currently shows 38 active listings, with 21 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.

The median listing price has risen 5.8% year-over-year, from $391,975 to $414,900.

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: 18,443  ·  Density: 1,207.5/mi²  ·  Median household income: $81,505

Typical home value: $289,948  ·  Homeownership: 78.6%

Market Overview

Active Listings
38
vs 38 last year
Pending
21
55% pending ratio
Median Price
$414,900
⇧ 5.8% vs $391,975 last year
Average Price
$426,508
⇧ 6.3% vs $401,357 last year
Days on Market
43
⇧ 4.9% vs 41 days last year

Price Per Square Foot

Median $/sqft
$340
⇧ 7.9% vs $315/sqft last year
Median Home Size
1,322 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 43 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $414,900 (+5.8% YoY)
  • Average: $426,508 (+6.3% 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 8.5 miles — 528 listings ($305,364,087 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02888Warwick, RI 028880.0 mi44$21,143,672$462,400$480,538
02905Providence, RI 029052.7 mi35$15,725,780$419,900$449,308
02889Warwick, RI 028893.2 mi85$38,919,545$464,900$457,877
02915Riverside, RI 029153.7 mi23$10,897,561$440,000$473,807
02903Providence, RI 029034.8 mi19$8,974,764$449,500$472,356
02914East Providence, RI 029145.0 mi28$12,745,376$449,950$455,192
02921Cranston, RI 029215.5 mi33$30,875,262$889,450$935,614
02908Providence, RI 029086.4 mi41$19,288,491$422,450$470,451
02823Fiskeville, RI 028237.0 mi1$644,900$644,900$644,900
02919Johnston, RI 029197.8 mi69$43,205,178$549,900$626,162
02904Providence, RI 029047.8 mi64$24,260,672$389,900$379,073
02911North Providence, RI 029118.0 mi24$11,166,312$447,400$465,263
02818East Greenwich, RI 028188.5 mi62$67,516,574$785,000$1,088,977

Frequently Asked Questions

How many homes are for sale in WARWICK, RI 02888?

As of February 2026, there are 38 active listings in WARWICK, RI (zip code 02888), compared to 38 the prior year.

What is the median home price in WARWICK, RI 02888?

The median listing price in WARWICK, RI 02888 is $414,900 as of February 2026, a 5.8% increase from $391,975 the prior year.

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

Homes in WARWICK, RI 02888 spend an average of 43 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in WARWICK, RI 02888?

Based on current inventory and days-on-market data as of February 2026, WARWICK, RI 02888 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 43 days on market compared to 41 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 02888 save an estimated $8,298 compared to a typical 5% commission on the median listing price of $414,900. 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.