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Market Intelligence · RI / Coventry

Coventry, RI 02816 Housing Market

The typical home in Coventry, RI 02816 is worth $458,030, up 4.6% over the past year as of September 2026. The median list price is $527,450, and homes are spending a median of 38 days on the market.

Updated September 2026Median value$458K

The median home value in Coventry, RI 02816 is $458K as of September 2026, up 4.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 02816 range

$421K to $495K

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

+4.6% over 12 months

Typical home value in 02816 over the last 12 months: $438K in Sep 2025 to $458K in Sep 2026 (+4.6%).

Sep 2025$438K

Sep 2026$458K

The numbers

What is the 02816 housing market like?

Typical home value

$458K

Up4.6%YoY

Median list price

$527K

Down0.5%MoM

Days on market

38

Up26.7%MoM

Homes for sale

79

Up12.9%MoM

Price cuts

8.9%

Down8.7%MoM

New listings

44

Down15.4%MoM

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

The outlook

02816 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02816 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 02816 rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in 02816?

Zillow's forecast does not call for a drop: it expects typical home values in 02816 to rise 2.3% by September 2027, after a 4.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 02816 home prices compare?

  • 02816$458,030
  • Coventry$458,030
  • Rhode Island$517,120
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Coventry: 1 ZIP; Rhode Island: 69 ZIPs; United States: 26,262 ZIPs).

Context

The 02816 market shows steady value growth, with the typical home worth $458,030 and up 4.6% over the past year as of September 2026. There are 79 homes for sale, and 44 new listings came on the market in September 2026. The median list price sits at $527,450, above the typical value, which suggests sellers are aiming high while buyers weigh their options. Homes move at a moderate pace, with a median of 38 days on market, and only 8.9% of listings have taken a price cut. For a seller, this is a stable market where realistic pricing gets a home sold without long delays.

Monthly payment

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20% · $91,606

Common questions

What people ask us.

How much is a home in 02816 worth?

The typical home value in Coventry, RI 02816 is $458,030, up 4.6% over the past year as of September 2026.

How fast are homes selling in 02816?

Homes in 02816 are spending a median of 38 days on the market as of September 2026. There are 79 homes for sale, with 44 new listings added in September 2026.

Are sellers cutting prices in 02816?

About 8.9% of listings in 02816 had a price cut as of September 2026. The median list price is $527,450.

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