Is Warren, RI 02885 a buyer’s or seller’s market?
Warren is a seller’s market. With about 3 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 88% of U.S. ZIP codes, and #25 of 52 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Warren housing market right now
In the three months ending August 31, 2026, 56% of homes in Warren, RI 02885 sold above their list price, the typical home went under contract in 25 days and there were 3 months of supply. Three to six months of supply is a fairly balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold about as fast and the median sale price rose 6% to $574,751. Overall, Warren is more competitive than a year ago, so tougher for buyers.
On our competition score, Warren ranks #25 of 52 RI ZIP codes with enough sales (score 83 out of 100).
Nearby, buyers who want less competition could look at Barrington 02806 (47% sold over asking) or Bristol 02809 (49% sold over asking).
Run the numbers for 02885
Nearby markets
Barrington 02806Seller’s market $426 /sq ftBristol 02809Seller’s market $387 /sq ft Browse all markets →Questions about Warren real estate
Is Warren a buyer’s or seller’s market?
A fairly balanced market: there were 3 months of supply in Warren, RI 02885 in the three months ending August 31, 2026. Under three months usually favors sellers, and six or more favors buyers.
How fast do homes sell in Warren?
The typical home went under contract in 25 days in the latest three months.
Do homes in Warren sell over asking?
56% of homes sold above their original list price, and the typical sale closed at 103.4% of the list price.
What are property taxes in Warren?
About 1.29% of a home’s value a year in Bristol County, or roughly $5,160 on a $400,000 home.
What is the median home price in Warren?
The median sale price was $574,751 in the three months ending August 31, 2026, about $348 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology