Is Rumford, RI 02916 a buyer’s or seller’s market?
Rumford is a seller’s market. With about 1.8 months of supply and 63% 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 supply1.8Under 4 months = seller’s market
Sold above original list62.5%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$273▲ +2.4% vs. last year
Run the numbers for 02916
Nearby markets
Albion 02802 — /sq ftCentral Falls 02863Seller’s market $193 /sq ftChepachet 02814Seller’s market $298 /sq ftClayville 02815Seller’s market $489 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology