Rhode Island · Home Values · 2024
Rhode Island home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Rhode Island is $404,200. Across the 5 counties measured, home values range from $366,100 in Kent, RI to $609,700 in Newport, RI.
Rhode Island median home value, 2024
Most expensive counties in Rhode Island
| County | Median home value |
|---|---|
| Newport, RI | $609,700 |
| Bristol, RI | $513,800 |
| Washington, RI | $510,800 |
| Providence, RI | $373,600 |
| Kent, RI | $366,100 |
Most affordable counties in Rhode Island
| County | Median home value |
|---|---|
| Kent, RI | $366,100 |
| Providence, RI | $373,600 |
| Washington, RI | $510,800 |
| Bristol, RI | $513,800 |
| Newport, RI | $609,700 |
Average vs median home price — what's the difference?
The figure $404,200 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Rhode Island is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Rhode Island specifically, the Census also reports a median monthly rent of $1,342 and a price-to-income ratio of 4.6×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Rhode Island on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Rhode Island on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Rhode Island side-by-side with the national rankings: