New Shoreham, RI

Buyer's market-31.8% YoY

Housing market overview · Updated weekly

$3.00Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

133

Average pace

Active listings

10

10.0 months supply

Sale-to-list

92.3%

Below asking

The New Shoreham housing market is currently classified as a buyer's market with a median sale price of $3.00M. Prices have fallen 31.8% compared to last year, with homes spending an average of 133 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in New Shoreham

There are currently 10 homes listed for sale in New Shoreham, Rhode Island. The median listing price is $2.0M.

Active listings

10

Homes on market

Median list price

$2.0M

Avg. days on market

133

Days until sale

New this week

1

Newly listed

Price drops:10.0%of listings
Sale-to-list:92.3%

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Frequently asked questions

What is the average home price in New Shoreham?

The median home sale price in New Shoreham is $3.00M, down 31.8% from last year.

How long do homes stay on market in New Shoreham?

Homes typically spend 133 days on market before going under contract.

Is New Shoreham a buyer's or seller's market?

With 10.0 months of supply, New Shoreham is currently a buyer's market.

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