Market Intelligence · RI / Warwick

Warwick, RI 02889 Housing Market

Typical home value in Warwick 02889 reached $422,167, up 5.2% over the past year. The median list price stands at $469,900, with homes spending a median 30 days on market.

Updated August 2026Median value$414K

The median home value in Warwick, RI 02889 is $414K as of August 2026, up 5.3% 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 02889 range

$381K to $448K

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

+5.3% over 12 months

Typical home value in 02889 over the last 12 months: $394K in Aug 2025 to $414K in Aug 2026 (+5.3%).

Aug 2025$394K

Aug 2026$414K

The numbers

What is the 02889 housing market like?

Typical home value

$414K

Up5.3%YoY

Median list price

$470K

Down2.1%MoM

Days on market

30

Up11.1%MoM

Homes for sale

44

Down10.2%MoM

Price cuts

11.9%

Up55.1%MoM

New listings

28

Down22.2%MoM

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

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The comparison

How do 02889 home prices compare?

  • 02889$414,425
  • Warwick$414,425
  • 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 (Warwick: 3 ZIPs; Rhode Island: 69 ZIPs; United States: 26,265 ZIPs).

Context

There are 44 homes for sale in this ZIP as of August 2026, with 28 new listings hitting the market. The median list price is $469,900, and homes are moving in about 30 days on average. About 11.9% of listings have seen a price reduction, suggesting some sellers are adjusting expectations. Despite the year-over-year appreciation of 5.2%, the presence of price cuts indicates a market where pricing strategy matters for sellers.

Monthly payment

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20% · $82,885

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