Is Kent County, RI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Kent County is a seller's market


Difference Since February 2022

Since last year, Kent County has remained a Seller's Market.

Key Takeaway

Kent County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Kent County, RI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Kent County have sold for 8.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $173.5K$204.2K
2 $255.2K$296.8K
3 $334.9K$365.3K
4 $427.6K$445K
5+ $386.5K$427K

Median Sold Price Compared To Nearby Counties

Washington County
Providence County
Kent County

How many homes are available in Kent County, RI?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 1517
2 105101
3 234210
4 7279
5+ 3029

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kent County, you could pay more than the asking price. 42.1% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
37 Days39 Days+5.4%

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

41 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kent County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Kent County, RI

Kent County, RI has 436 homes for sale to choose from. The number of listings in Kent County, RI decreased by 4.4% between January 2023 and February 2023. While the average time on the market in February 2023 was 39 days, the median list price was $352,945. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 17.7%, the cost of 2 bedrooms properties went up by 16.3%, prices of 3 bedrooms properties increased by 9.1%, prices of 4 bedrooms properties went up by 4.1%, 5 bedrooms properties became 10.5% more expensive. This housing market inventory have changed: 1 bedroom homes became 13.3% more available, volume of 2 bedrooms homes went down by 3.8%, 3 bedrooms homes became 10.3% less available, the quantity of 4 bedrooms homes went up by 9.7%, the quantity of 5 bedrooms homes went down by 3.3%. While more than 45 listings in Kent County, RI in February 2023 were sold above asking price, there were more than 19 listings sold at asking price, and more than 43 were sold below.

Related Housing Market Reports