US housing market report · August 2026
The state of the Rhode Island housing market.
Median home value and city-by-city trends across Rhode Island, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.
Rhode Island median value
$513K
Zillow ZHVI, August 2026
Cities covered
3
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through August 2026
Where are Rhode Island home values headed?
Current typical value
$513,245
Zillow ZHVI median, August 2026
Past 12 months
+3.4%
change in the median
12 months out
$531,000
if the recent trend continues
Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.
Where values are climbing
Fastest appreciating Rhode Island cities
- $461KUp4.4%
- $414KUp3.7%
- $418KUp2.5%
Where the market is cooling
Fastest cooling Rhode Island cities
- $418KUp2.5%
- $414KUp3.7%
- $461KUp4.4%
Priciest markets in the state
Most expensive Rhode Island cities by median value
- $461K
- $418K
- $414K
Common questions
What people ask us.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Rhode Island, as of August 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Rhode Island market index.