Market Intelligence · RI / Coventry

Coventry, RI 02816 Housing Market

The typical home value in Coventry, RI 02816 stands at $464,323, up 4.0% over the past year. The median list price is $529,900, with homes spending a median of 30 days on market.

Updated August 2026Median value$461K

The median home value in Coventry, RI 02816 is $461K as of August 2026, up 4.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02816 range

$424K to $498K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.4% over 12 months

Typical home value in 02816 over the last 12 months: $441K in Aug 2025 to $461K in Aug 2026 (+4.4%).

Aug 2025$441K

Aug 2026$461K

The numbers

What is the 02816 housing market like?

Typical home value

$461K

Up4.4%YoY

Median list price

$530K

Down1.9%MoM

Days on market

30

Up30.4%MoM

Homes for sale

70

Up22.8%MoM

Price cuts

9.8%

Up41.9%MoM

New listings

52

Down13.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02816 home prices compare?

  • 02816$460,797
  • Coventry$460,797
  • Rhode Island$513,245
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Coventry: 1 ZIPs; Rhode Island: 69 ZIPs; United States: 26,265 ZIPs).

Context

Coventry's housing market shows steady conditions. There are 70 homes for sale as of August 2026, with 52 new listings coming to market recently. The median time to sale of 30 days suggests reasonable buyer activity. About 9.8% of listings have seen a price cut, which is modest given the modest appreciation rate. For sellers, this is a balanced market where pricing accurately matters more than waiting for momentum.

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20% · $92,159

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