Is Saunderstown, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Saunderstown has remained a Buyer's Market.
Housing Prices in Saunderstown, RI
How much do homes in Saunderstown, RI cost?
Median Sold Price
$790,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saunderstown was $790,000 in April 2024, up 3.9% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.5K | $375K | +24.0% |
2 Bedrooms | $617.5K | $471K | -23.7% |
3 Bedrooms | $669K | $677.4K | +1.3% |
4 Bedrooms | $854.4K | $979K | +14.6% |
5+ Bedrooms | $1.1M | $1.2M | +2.8% |
Summary: Saunderstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
Narragansett | $732.5K | $797.4K | +8.9% |
Saunderstown | $760K | $790K | +3.9% |
South Kingstown | $582.1K | $587.8K | +1.0% |
Wakefield | $582.8K | $582K | -0.2% |
North Kingstown | $568K | $550K | -3.2% |
Housing Supply in Saunderstown, RI
How many homes are available in Saunderstown, RI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Summary: The Saunderstown real estate market had 17 homes for sale in April 2024, a 15.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 8 | 4 | -50.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Saunderstown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 1 | -90.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Saunderstown in April 2024, down by 90.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Saunderstown, RI
How long does it take to sell a home in Saunderstown, RI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 258 Days | +263.4% |
Summary: Homes in Saunderstown had an average of 258 days on market in Apr 2024, up by 263.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Saunderstown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.