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William H Hall Free Library, Cranston RIPhoto: Eric Harrison · CC BY-SA 2.0
Housing in Cranston

777 homes sold in Cranston in the last year, at a typical $479K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cranston homes are listed.

Homes sold
777
June 2025 to May 2026
Typical sale price
$479K
houses $471K · condos $344K
Price per square foot
$268
Rhode Island $299
Paid vs. asking
100.9%
55% sold over asking
For sale now
125
May 2026 · 59 sold that month
What sold · last 12 months

7% of Cranston’s sales are condos, at $127K less than a house

619 houses and 57 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$471K

typical sale · 619 sold in 12 months

Per square foot
$273RI $309
Days to sell
31
Sold over asking
56%
Listings with a price cut
23%
Condos$344K

typical sale · 57 sold in 12 months

Per square foot
$285RI $324
Days to sell
37
Sold over asking
32%
Listings with a price cut
23%
Fewer sales

Multi-family (2–4 units): 101 sold, typical $568K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 2.4 times the 2016 price

777 sales in the last year, against 1,309 in 2021 and a low of 779 in 2023. The typical sale went from $203K in 2016 to $479K.

Homes soldTypical sale price
033767510121350$225K$350K$475K$600K2012: 814 sold, typical $160K’122013: 936 sold, typical $168K2014: 925 sold, typical $182K’142015: 1025 sold, typical $192K2016: 1081 sold, typical $203K’162017: 1141 sold, typical $223K2018: 1101 sold, typical $247K’182019: 1181 sold, typical $261K2020: 1155 sold, typical $282K’202021: 1309 sold, typical $332K2022: 1046 sold, typical $367K’222023: 779 sold, typical $399K2024: 796 sold, typical $437K’242025: 853 sold, typical $460KLast 12 months: 777 sold, typical $479KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Cranston

Houseat $273 a sq ft
Condoat $285 a sq ft
The same money in Rhode Islandat $309 a sq ft

Is this asking price fair?

Check a listing against what Cranston homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cranston are more common than before the pandemic, but 58% fewer homes come up for sale

We read every month of Cranston’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 777 sales.

If you’re buying in Cranston

  • Shop in September. It brings about 113 new listings a month, close to the busiest month, with fewer bidding wars (44% over asking).
  • Some room to negotiate. 21% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.9% of the list price on average; 55% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 135 a month), and the most competition: 50% close over asking. August and September offer nearly as much choice with fewer homes bid up (46%). February has the least competition (37%) but only about 71 new listings.

New listings a monthShare sold over asking
0357010514020%40%60%Sweet spotJan: 73 new listings a month, 38% sold over asking, 53 days to sellJFeb: 71 new listings a month, 37% sold over asking, 59 days to sellFMar: 102 new listings a month, 41% sold over asking, 47 days to sellMApr: 121 new listings a month, 46% sold over asking, 46 days to sellAMay: 135 new listings a month, 50% sold over asking, 36 days to sellMJun: 132 new listings a month, 49% sold over asking, 34 days to sellJJul: 117 new listings a month, 49% sold over asking, 36 days to sellJAug: 121 new listings a month, 46% sold over asking, 40 days to sellASep: 113 new listings a month, 44% sold over asking, 40 days to sellSOct: 102 new listings a month, 43% sold over asking, 39 days to sellONov: 82 new listings a month, 43% sold over asking, 42 days to sellNDec: 58 new listings a month, 42% sold over asking, 48 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Rhode Island

Cranston now2017–192021 peakRI now
Sold over askingShare of sales that closed above the list price55%32%64%45%
Gone within two weeksShare of homes under contract within 14 days47%40%59%46%
Listings with a price cutShare of homes for sale that cut their price21%19%14%19%
Price paid vs. askingAverage sale price ÷ list price100.9%98.6%102.6%100.1%
Days to sellMedian days from listing to contract32542533
Supply

118 homes for sale on a typical day

That’s 1.4 times the 2023 low (86), 58% fewer than in 2017–19 and well under 2012’s 507.

2012: 507 for sale’122013: 429 for sale2014: 369 for sale2015: 358 for sale’152016: 313 for sale2017: 275 for sale2018: 289 for sale’182019: 286 for sale2020: 196 for sale2021: 149 for sale’212022: 119 for sale2023: 86 for sale2024: 104 for sale’242025: 122 for saleLast 12 months: 118 for saleNow
Room to negotiate

1 in 5 listings has cut its price

21% in the last year, against 19% in 2017–19 and 19% across Rhode Island.

2015: 22%’152016: 18%2017: 18%2018: 19%’182019: 19%2020: 14%2021: 14%’212022: 18%2023: 16%2024: 21%’242025: 21%Last 12 months: 21%Now
Prices by type

Since 2019, houses are up 82%, condos 53%

A house typically sold for $471K in the last year (619 sales), a condo for $344K (57).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $176K, 760 salesHouses 2014: $187K, 759 salesHouses 2015: $196K, 829 salesHouses 2016: $205K, 896 salesHouses 2017: $228K, 920 salesHouses 2018: $249K, 867 salesHouses 2019: $259K, 958 salesHouses 2020: $284K, 947 salesHouses 2021: $330K, 999 salesHouses 2022: $369K, 852 salesHouses 2023: $399K, 625 salesHouses 2024: $436K, 609 salesHouses 2025: $458K, 657 salesHouses last 12 months: $471K, 619 salesHouses $471KCondos 2013: $148K, 79 salesCondos 2014: $168K, 77 salesCondos 2015: $168K, 83 salesCondos 2016: $188K, 83 salesCondos 2017: $189K, 111 salesCondos 2018: $192K, 93 salesCondos 2019: $225K, 83 salesCondos 2020: $215K, 111 salesCondos 2021: $235K, 89 salesCondos 2022: $264K, 60 salesCondos 2023: $301K, 60 salesCondos 2024: $324K, 90 salesCondos 2025: $326K, 96 salesCondos last 12 months: $344K, 57 salesCondos $344K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Rhode Island

Cranston ranks 6th of 38 busy Rhode Island markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cranston is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cranston home costs about $3,038 a month

Mortgage
Property tax
Insurance
Rent

Price: Cranston’s typical sale, last 12 months. Property tax at Cranston’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cranston is affordable on local pay is on Cost of living.

Before you buy in Cranston

Six things worth knowing

135

New listings in May

The month with the most choice. December has the fewest, about 58.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $479K home, about $6,470 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Cranston, from test results, graduation and how much students grow.

Schools in Cranston
24 min

Typical commute

The average one-way trip to work for people who live in Cranston.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Johnston, West Warwick and North Providence sell for less a square foot

The busier markets within 25 miles of Cranston, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Providence1,376$550K$26646%33
Warwick1,107$432K$29354%29
Cranston777$479K$26855%32
East Providence452$444K$28954%24
North Providence427$410K$24753%28
West Warwick388$415K$25756%30
Johnston313$471K$25949%30

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cranston, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cranston. People who follow the town see it, and so do people comparing Cranston with their own town. No commission, no listing fee.

Questions about buying a home in Cranston

What do homes sell for in Cranston, RI?

777 homes sold in the year to May 2026 at a typical $479K, $268 a square foot. Houses sold for about $471K, condos for about $344K.

Is Cranston a buyer’s or seller’s market?

A seller’s market: 125 homes were for sale in May 2026 and 59 sold, about 2.1 months of supply. Buyers paid 100.9% of asking on average, and 21% of listings cut their price.

When is the best time to buy in Cranston?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cranston?

About 1.4% of a home’s value a year. On a $479K home that’s near $6,470.

Where can I see homes for sale in Cranston?

Zillow, Redfin, Realtor.com and Homes.com all carry Cranston’s MLS listings; the search links above open each one filtered to Cranston.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).