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Warwick (Rhode Island, USA) -- 2006 -- 6Photo: Dietmar Rabich · CC BY-SA 4.0
Housing in Warwick

1,107 homes sold in Warwick in the last year, at a typical $432K

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 Warwick homes are listed.

Homes sold
1,107
June 2025 to May 2026
Typical sale price
$432K
houses $438K · condos $330K
Price per square foot
$293
Rhode Island $299
Paid vs. asking
101.2%
54% sold over asking
For sale now
153
May 2026 · 83 sold that month
What sold · last 12 months

13% of Warwick’s sales are condos, at $109K less than a house

928 houses and 145 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$438K

typical sale · 928 sold in 12 months

Per square foot
$294RI $309
Days to sell
30
Sold over asking
56%
Listings with a price cut
21%
Condos$330K

typical sale · 145 sold in 12 months

Per square foot
$314RI $324
Days to sell
30
Sold over asking
41%
Listings with a price cut
15%
Fewer sales

Multi-family (2–4 units): 34 sold, typical $507K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 2.2 times the 2016 price

1,107 sales in the last year, against 1,639 in 2021 and a low of 982 in 2023. The typical sale went from $195K in 2016 to $432K.

Homes soldTypical sale price
041282512371650$200K$300K$400K$500K2012: 1084 sold, typical $147K’122013: 1212 sold, typical $162K2014: 1245 sold, typical $171K’142015: 1305 sold, typical $177K2016: 1479 sold, typical $195K’162017: 1583 sold, typical $212K2018: 1428 sold, typical $225K’182019: 1457 sold, typical $235K2020: 1574 sold, typical $260K’202021: 1639 sold, typical $306K2022: 1297 sold, typical $345K’222023: 982 sold, typical $368K2024: 1016 sold, typical $403K’242025: 1149 sold, typical $423KLast 12 months: 1107 sold, typical $432KNow

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

What your budget buys

What $450K buys in Warwick

Houseat $294 a sq ft
Condoat $314 a sq ft
The same money in Rhode Islandat $309 a sq ft

Is this asking price fair?

Check a listing against what Warwick 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 Warwick are more common than before the pandemic, but 58% fewer homes come up for sale

We read every month of Warwick’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, 1,107 sales.

If you’re buying in Warwick

  • Shop in September. It brings about 142 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
  • Some room to negotiate. 20% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 101.2% of the list price on average; 54% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 171 a month), but July is the most competitive: 50% of July sales close over asking. August and September offer nearly as much choice with fewer homes bid up (45%). February has the least competition (33%) but only about 94 new listings.

New listings a monthShare sold over asking
043.887.5131.317520%40%60%Sweet spotJan: 90 new listings a month, 34% sold over asking, 54 days to sellJFeb: 94 new listings a month, 33% sold over asking, 57 days to sellFMar: 135 new listings a month, 41% sold over asking, 54 days to sellMApr: 149 new listings a month, 43% sold over asking, 41 days to sellAMay: 171 new listings a month, 45% sold over asking, 36 days to sellMJun: 159 new listings a month, 48% sold over asking, 32 days to sellJJul: 151 new listings a month, 50% sold over asking, 35 days to sellJAug: 155 new listings a month, 45% sold over asking, 40 days to sellASep: 142 new listings a month, 43% sold over asking, 41 days to sellSOct: 140 new listings a month, 44% sold over asking, 42 days to sellONov: 101 new listings a month, 41% sold over asking, 42 days to sellNDec: 76 new listings a month, 39% sold over asking, 45 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Rhode Island

Warwick now2017–192021 peakRI now
Sold over askingShare of sales that closed above the list price54%32%65%45%
Gone within two weeksShare of homes under contract within 14 days53%39%60%46%
Listings with a price cutShare of homes for sale that cut their price20%21%13%19%
Price paid vs. askingAverage sale price ÷ list price101.2%98.5%102.6%100.1%
Days to sellMedian days from listing to contract29542733
Supply

153 homes for sale on a typical day

That’s 1.4 times the 2023 low (113), 58% fewer than in 2017–19 and well under 2012’s 620.

2012: 620 for sale’122013: 561 for sale2014: 503 for sale2015: 453 for sale’152016: 418 for sale2017: 378 for sale2018: 369 for sale’182019: 335 for sale2020: 234 for sale2021: 180 for sale’212022: 153 for sale2023: 113 for sale2024: 119 for sale’242025: 156 for saleLast 12 months: 153 for saleNow
Room to negotiate

1 in 5 listings has cut its price

20% in the last year, against 21% in 2017–19 and 19% across Rhode Island.

2015: 20%’152016: 19%2017: 20%2018: 22%’182019: 22%2020: 13%2021: 13%’212022: 18%2023: 16%2024: 21%’242025: 21%Last 12 months: 20%Now
Prices by type

Since 2019, houses are up 83%, condos 78%

A house typically sold for $438K in the last year (928 sales), a condo for $330K (145).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $164K, 1072 salesHouses 2014: $172K, 1101 salesHouses 2015: $179K, 1160 salesHouses 2016: $200K, 1315 salesHouses 2017: $217K, 1389 salesHouses 2018: $230K, 1229 salesHouses 2019: $240K, 1284 salesHouses 2020: $264K, 1358 salesHouses 2021: $315K, 1388 salesHouses 2022: $349K, 1110 salesHouses 2023: $375K, 825 salesHouses 2024: $415K, 849 salesHouses 2025: $429K, 972 salesHouses last 12 months: $438K, 928 salesHouses $438KCondos 2013: $129K, 120 salesCondos 2014: $152K, 116 salesCondos 2015: $145K, 112 salesCondos 2016: $162K, 126 salesCondos 2017: $163K, 156 salesCondos 2018: $164K, 156 salesCondos 2019: $186K, 149 salesCondos 2020: $217K, 174 salesCondos 2021: $230K, 189 salesCondos 2022: $292K, 134 salesCondos 2023: $302K, 126 salesCondos 2024: $306K, 135 salesCondos 2025: $324K, 138 salesCondos last 12 months: $330K, 145 salesCondos $330K

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

Across Rhode Island

Warwick ranks 7th 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. Warwick 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 Warwick home costs about $2,723 a month

Mortgage
Property tax
Insurance
Rent

Price: Warwick’s typical sale, last 12 months. Property tax at Warwick’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Warwick is affordable on local pay is on Cost of living.

Before you buy in Warwick

Six things worth knowing

171

New listings in May

The month with the most choice. December has the fewest, about 76.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $432K home, about $5,620 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Warwick
25 min

Typical commute

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

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

West Warwick and Cranston sell for less a square foot; Barrington and Portsmouth for far more

The busier markets within 25 miles of Warwick, 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
Warwick1,107$432K$29354%29
Cranston777$479K$26855%32
East Providence452$444K$28954%24
West Warwick388$415K$25756%30
Portsmouth241$713K$37823%53
Barrington217$758K$38943%27
East Greenwich196$741K$32531%39

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 Warwick, free

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

Questions about buying a home in Warwick

What do homes sell for in Warwick, RI?

1,107 homes sold in the year to May 2026 at a typical $432K, $293 a square foot. Houses sold for about $438K, condos for about $330K.

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

A seller’s market: 153 homes were for sale in May 2026 and 83 sold, about 1.8 months of supply. Buyers paid 101.2% of asking on average, and 20% of listings cut their price.

When is the best time to buy in Warwick?

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

How much are property taxes in Warwick?

About 1.3% of a home’s value a year. On a $432K home that’s near $5,620.

Where can I see homes for sale in Warwick?

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

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).