The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in Rhode Island using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 42 cities and towns in Rhode Island.
You may also like: Counties with the most bridges in Rhode Island
Stacker
#42. Exeter
– Typical home value: $552,164
– 1-year price change: +$18,604 (+3.5%)
– 5-year price change: +$187,483 (+51.4%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#41. West Greenwich
– Typical home value: $534,207
– 1-year price change: +$20,400 (+4.0%)
– 5-year price change: +$191,264 (+55.8%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#40. Bradford
– Typical home value: $401,405
– 1-year price change: +$20,755 (+5.5%)
– 5-year price change: +$140,858 (+54.1%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#39. Narragansett
– Typical home value: $762,673
– 1-year price change: +$23,823 (+3.2%)
– 5-year price change: +$307,736 (+67.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#38. Newport
– Typical home value: $837,990
– 1-year price change: +$24,660 (+3.0%)
– 5-year price change: +$299,857 (+55.7%)
– Metro area: Providence-Warwick, RI-MA
You may also like: Best counties to live in Rhode Island
Stacker
#37. Tiverton
– Typical home value: $504,402
– 1-year price change: +$24,689 (+5.1%)
– 5-year price change: +$178,715 (+54.9%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#36. West Warwick
– Typical home value: $373,421
– 1-year price change: +$25,598 (+7.4%)
– 5-year price change: +$148,190 (+65.8%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#35. Burrillville
– Typical home value: $440,091
– 1-year price change: +$25,880 (+6.2%)
– 5-year price change: +$158,400 (+56.2%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#34. Coventry
– Typical home value: $422,515
– 1-year price change: +$25,997 (+6.6%)
– 5-year price change: +$155,253 (+58.1%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#33. Hopkinton
– Typical home value: $453,145
– 1-year price change: +$27,865 (+6.6%)
– 5-year price change: +$166,807 (+58.3%)
– Metro area: Providence-Warwick, RI-MA
You may also like: How syringe exchanges in Rhode Island reduce the spread of disease
Stacker
#32. Johnston
– Typical home value: $418,882
– 1-year price change: +$29,280 (+7.5%)
– 5-year price change: +$160,733 (+62.3%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#31. North Providence
– Typical home value: $391,302
– 1-year price change: +$29,317 (+8.1%)
– 5-year price change: +$151,877 (+63.4%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#30. Westerly
– Typical home value: $560,860
– 1-year price change: +$29,448 (+5.5%)
– 5-year price change: +$208,061 (+59.0%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#29. Cranston
– Typical home value: $424,871
– 1-year price change: +$29,759 (+7.5%)
– 5-year price change: +$156,342 (+58.2%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#28. South Kingstown
– Typical home value: $647,206
– 1-year price change: +$29,799 (+4.8%)
– 5-year price change: +$250,257 (+63.0%)
– Metro area: Providence-Warwick, RI-MA
You may also like: Best private high schools in Rhode Island
Stacker
#27. Warwick
– Typical home value: $392,640
– 1-year price change: +$29,875 (+8.2%)
– 5-year price change: +$151,041 (+62.5%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#26. Woonsocket
– Typical home value: $367,083
– 1-year price change: +$30,308 (+9.0%)
– 5-year price change: +$150,620 (+69.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#25. North Smithfield
– Typical home value: $498,056
– 1-year price change: +$30,739 (+6.6%)
– 5-year price change: +$172,579 (+53.0%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#24. Pawtucket
– Typical home value: $372,051
– 1-year price change: +$30,929 (+9.1%)
– 5-year price change: +$145,112 (+63.9%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#23. Central Falls
– Typical home value: $343,604
– 1-year price change: +$32,001 (+10.3%)
– 5-year price change: +$143,339 (+71.6%)
– Metro area: Providence-Warwick, RI-MA
You may also like: What Medicaid acceptance looks like at Rhode Island substance use treatment centers
Stacker
#22. Manville
– Typical home value: $414,932
– 1-year price change: +$32,030 (+8.4%)
– 5-year price change: +$159,693 (+62.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#21. Portsmouth
– Typical home value: $635,680
– 1-year price change: +$32,284 (+5.4%)
– 5-year price change: +$234,677 (+58.5%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#20. Foster
– Typical home value: $507,908
– 1-year price change: +$33,462 (+7.1%)
– 5-year price change: +$178,356 (+54.1%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#19. Middletown
– Typical home value: $706,025
– 1-year price change: +$33,841 (+5.0%)
– 5-year price change: +$267,300 (+60.9%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#18. Richmond
– Typical home value: $494,716
– 1-year price change: +$34,449 (+7.5%)
– 5-year price change: +$183,359 (+58.9%)
– Metro area: Providence-Warwick, RI-MA
You may also like: How many people are receiving mental health treatment in Rhode Island
Stacker
#17. Scituate
– Typical home value: $525,274
– 1-year price change: +$34,787 (+7.1%)
– 5-year price change: +$189,061 (+56.2%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#16. Lincoln
– Typical home value: $527,614
– 1-year price change: +$34,909 (+7.1%)
– 5-year price change: +$187,862 (+55.3%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#15. Cumberland
– Typical home value: $488,322
– 1-year price change: +$35,449 (+7.8%)
– 5-year price change: +$170,446 (+53.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#14. Smithfield
– Typical home value: $485,686
– 1-year price change: +$37,005 (+8.2%)
– 5-year price change: +$175,511 (+56.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#13. East Providence
– Typical home value: $417,218
– 1-year price change: +$37,223 (+9.8%)
– 5-year price change: +$166,566 (+66.5%)
– Metro area: Providence-Warwick, RI-MA
You may also like: Highest-rated wineries in Rhode Island, according to Yelp
Stacker
#12. Providence
– Typical home value: $400,226
– 1-year price change: +$37,288 (+10.3%)
– 5-year price change: +$160,594 (+67.0%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#11. Kingston
– Typical home value: $640,981
– 1-year price change: +$37,571 (+6.2%)
– 5-year price change: +$241,223 (+60.3%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#10. North Kingstown
– Typical home value: $600,775
– 1-year price change: +$40,024 (+7.1%)
– 5-year price change: +$225,430 (+60.1%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#9. Glocester
– Typical home value: $485,084
– 1-year price change: +$42,808 (+9.7%)
– 5-year price change: +$182,376 (+60.2%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#8. Bristol
– Typical home value: $567,017
– 1-year price change: +$44,175 (+8.4%)
– 5-year price change: +$204,654 (+56.5%)
– Metro area: Providence-Warwick, RI-MA
You may also like: Seniors in these Rhode Island counties have the highest Alzheimer’s rates
Stacker
#7. East Greenwich
– Typical home value: $749,243
– 1-year price change: +$44,408 (+6.3%)
– 5-year price change: +$283,912 (+61.0%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#6. Warren
– Typical home value: $500,239
– 1-year price change: +$49,590 (+11.0%)
– 5-year price change: +$195,672 (+64.2%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#5. Charlestown
– Typical home value: $667,366
– 1-year price change: +$50,840 (+8.2%)
– 5-year price change: +$280,204 (+72.4%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#4. Barrington
– Typical home value: $725,801
– 1-year price change: +$51,738 (+7.7%)
– 5-year price change: +$276,574 (+61.6%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#3. Jamestown
– Typical home value: $1,060,968
– 1-year price change: +$69,772 (+7.0%)
– 5-year price change: +$426,788 (+67.3%)
– Metro area: Providence-Warwick, RI-MA
You may also like: Counties with the most assisted-living facilities in Rhode Island
Stacker
#2. Little Compton
– Typical home value: $940,876
– 1-year price change: +$77,815 (+9.0%)
– 5-year price change: +$391,918 (+71.4%)
– Metro area: Providence-Warwick, RI-MA
Stacker
#1. New Shoreham
– Typical home value: $1,683,369
– 1-year price change: +$118,153 (+7.5%)
– 5-year price change: +$722,365 (+75.2%)
– Metro area: Providence-Warwick, RI-MA
