📊 Rhode Island Real Estate Market Update – September 2025

Dated: October 23 2025

Views: 578

📊 Rhode Island Real Estate Market Update – September 2025

The Rhode Island single-family housing market continues to show strong momentum as we head into the fall season! Here’s a look at what happened in September — and what it means for buyers and sellers.

🏡 Median Sales Price:
The median sales price for single-family homes in Rhode Island reached $530,000, up 9.3% compared to last year. Home values continue to climb as demand remains strong and inventory tight.

📈 Number of Sales:
There were 826 closed sales in September — a 19.5% increase from last year. This shows that despite higher prices and interest rates, buyers are still actively purchasing homes.

📉 Pending Sales:
Pending sales reached 868, down 1.28%, showing a slight cooling in activity but still keeping the market very competitive.

📉 Inventory Levels:
Rhode Island’s housing supply sits at just 2.8 months, confirming that we’re still in a strong seller’s market. This low inventory means homes that are priced right and presented well are selling quickly and often with multiple offers.


What Does This Mean for You?

✅ If you’re a homeowner, this is an excellent time to sell. Buyer demand remains strong, and limited inventory gives sellers the upper hand.

🏠 If you’re a buyer, don’t get discouraged. With the right guidance and strategy, you can still find great opportunities — especially before the year ends.


Whether you’re thinking of buying, selling, or investing, I’m here to help you navigate the market with confidence.

📞 Contact Guillermo Hurtado
RE/MAX 1st Choice
📱 (508) 493-9344
✉️ guillermohurtado.realtor@gmail.com
🌐 guillermo-hurtado.realestateri.com

Let’s talk about your real estate goals today and make your next move a successful one!

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Guillermo Hurtado

As a RE/MAX agent, I'm dedicated to helping my clients find the home of their dreams. Whether you are buying or selling a home or just curious about the local market, I would love to offer my support ....

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