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WARWICK, RI 02889

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

Market Analysis

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

The WARWICK, RI real estate market (02889) currently shows 78 active listings, with 45 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 38 days last year.

The median listing price has risen 15.5% year-over-year, from $427,400 to $493,700.

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: 28,209  ·  Density: 1,288.1/mi²  ·  Median household income: $81,226

Typical home value: $281,394  ·  Homeownership: 78.2%

Market Overview

Active Listings
78
⇩ 3.7% vs 81 last year
Pending
45
58% pending ratio
Median Price
$493,700
⇧ 15.5% vs $427,400 last year
Average Price
$473,356
⇧ 1% vs $468,587 last year
Days on Market
33
⇩ 13.2% vs 38 days last year

Price Per Square Foot

Median $/sqft
$374
⇧ 26.4% vs $296/sqft last year
Median Home Size
1,261 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 78 this year vs 81 last year
  • Days on market: 33 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $493,700 (+15.5% YoY)
  • Average: $473,356 (+1% 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 9.9 miles — 557 listings ($335,365,261 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02889Warwick, RI 028890.0 mi85$38,919,545$464,900$457,877
02886Warwick, RI 028863.5 mi71$37,414,373$520,000$526,963
02910Cranston, RI 029105.3 mi33$13,630,419$399,900$413,043
02905Providence, RI 029055.7 mi35$15,725,780$419,900$449,308
02893West Warwick, RI 028936.4 mi62$27,195,122$425,000$438,631
02907Providence, RI 029076.6 mi20$8,597,540$429,900$429,877
02818East Greenwich, RI 028186.9 mi62$67,516,574$785,000$1,088,977
02914East Providence, RI 029147.5 mi28$12,745,376$449,950$455,192
02903Providence, RI 029037.9 mi19$8,974,764$449,500$472,356
02909Providence, RI 029098.3 mi35$13,277,250$379,900$379,350
02906Providence, RI 029069.2 mi51$53,520,726$744,000$1,049,426
02916Rumford, RI 029169.8 mi32$20,763,296$558,995$648,853
02777Swansea, MA 027779.9 mi24$17,084,496$699,450$711,854

Frequently Asked Questions

How many homes are for sale in WARWICK, RI 02889?

As of February 2026, there are 78 active listings in WARWICK, RI (zip code 02889), compared to 81 the prior year.

What is the median home price in WARWICK, RI 02889?

The median listing price in WARWICK, RI 02889 is $493,700 as of February 2026, a 15.5% increase from $427,400 the prior year.

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

Homes in WARWICK, RI 02889 spend an average of 33 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in WARWICK, RI 02889?

Based on current inventory and days-on-market data as of February 2026, WARWICK, RI 02889 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 38 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 02889 save an estimated $9,874 compared to a typical 5% commission on the median listing price of $493,700. 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.