Is Pascoag, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pascoag was a Buyer's Market.
Housing Prices in Pascoag, RI
How much do homes in Pascoag, RI cost?
Median Sold Price
$400,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pascoag was $400,000 in March 2024, up 3.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $230K | -22.0% |
2 Bedrooms | $329K | $330K | 0.3% |
3 Bedrooms | $400K | $415K | +3.8% |
4 Bedrooms | $495K | $392.5K | -20.7% |
5+ Bedrooms | $410K | $410K | 0.0% |
Summary: Pascoag housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Glocester | $390K | $428.7K | +9.9% |
Pascoag | $385K | $400K | +3.9% |
Burrillville | $381K | $384K | +0.8% |
Harrisville | $400K | $370K | -7.5% |
Housing Supply in Pascoag, RI
How many homes are available in Pascoag, RI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Summary: The Pascoag real estate market had 24 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pascoag housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pascoag in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Pascoag, RI
How long does it take to sell a home in Pascoag, RI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 18 Days | -76.1% |
Summary: Homes in Pascoag had an average of 18 days on market in Mar 2024, down by 76.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Pascoag; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.