Market Intelligence · RI / Warwick

Warwick, RI 02889 Housing Market

The typical home value in Warwick's 02889 ZIP is $413,780, up 5.1% over the past year. The median list price stands at $444,725, with homes typically on market for 30 days as of September 2026.

Updated September 2026Median value$414K

The median home value in Warwick, RI 02889 is $414K as of September 2026, up 5.1% 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 02889 range

$381K to $447K

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

+5.1% over 12 months

Sep 2025$394K

Low $394KHigh $414K

Sep 2026$414K

The numbers

What is the 02889 housing market like?

As of September 2026

Typical home value

$414K

5.1%YoY

Median list price

$445K

5.4%MoM

Days on market

0.0%MoM

Homes for sale

11.4%MoM

Price cuts

13.2%

10.6%MoM

New listings

50.0%MoM

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

The outlook

02889 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02889 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 02889 rose 5.1%, per the Zillow Home Value Index.

Will home prices drop in 02889?

Zillow's forecast does not call for a drop: it expects typical home values in 02889 to rise 2.1% by September 2027, after a 5.1% 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 02889 home prices compare?

02889$413,780
Warwick$413,780
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 (Warwick: 3 ZIPs; Rhode Island: 69 ZIPs; United States: 26,262 ZIPs).

Context

There are 49 homes for sale with 42 new listings as of September 2026, indicating steady supply coming to market. The median days on market of 30 suggests moderate buyer interest and reasonable velocity for homes in this area. About 13.2% of listings carry a price cut, which is typical in a market where values are appreciating. For sellers, the year-over-year growth is positive, but you should still expect modest negotiation and account for the possibility that your home may need a price adjustment to sell quickly.

Monthly payment

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Home price

Down payment20% · $82,756

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Common questions

What people ask us.

What is a typical home value in Warwick 02889?

The typical home value is $413,780, up 5.1% over the past year as of September 2026.

How long do homes stay on market in this ZIP?

The median days on market is 30 as of September 2026.

What are homes listed for in Warwick 02889?

The median list price is $444,725 as of September 2026.

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