Is Westerly, RI 02891 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Westerly is a seller’s market. With about 3.7 months of supply and 40% 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.

Months of supply3.7Under 4 months = seller’s market

Sold above original list39.7%Share of sales, last 3 months

Median sale-to-list99.4%Sold price ÷ list price

Median days on market25Listing to accepted offer

Median price per sq ft$369▲ +12.5% vs. last year

Run the numbers for 02891

Prefilled for 02891Can I win this house?Multiple-offer likelihood for a listing Prefilled for 02891Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashaway 02804Seller’s market $292 /sq ft Block Island 02807Buyer’s market $1,056 /sq ft Bradford 02808Seller’s market $328 /sq ft Carolina 02812 $316 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology