$8,905 Closing Credit*
$749,900
1,850 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Weichert REALTORS-Atlantic Prp
Is Exeter, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Exeter was a Seller's Market.
Key Takeaway
Exeter is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Exeter, RI
How much do homes in Exeter, RI cost?
Median Sold Price
$562,500
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$68,500(+13.9%)
Key Takeaway
Homes in Exeter have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Exeter was $562,500 in September 2024, up 13.9% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $325K | -11.0% |
| 2 Bedrooms | $460K | $485K | +5.4% |
| 3 Bedrooms | $505K | $565K | +11.9% |
| 4 Bedrooms | $628.4K | $780K | +24.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Exeter housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Greenwich | $497.5K | $592.5K | +19.1% |
| Exeter | $494K | $562.5K | +13.9% |
| Wyoming | $392.5K | $399.9K | +1.9% |
| Richmond | $429.9K | $425K | -1.1% |
| West Kingston | $521K | $502.2K | -3.6% |
Housing Supply in Exeter, RI
How many homes are available in Exeter, RI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Exeter real estate market had 20 homes for sale in September 2024, a 5.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Exeter housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Exeter, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Exeter in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Exeter, RI
How long does it take to sell a home in Exeter, RI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 16 Days | 10 Days | -40.2% |
Summary: Homes in Exeter had an average of 10 days on market in Sep 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Exeter are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Exeter; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
