Is Charlestown, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Charlestown was a Seller's Market.
Housing Prices in Charlestown, RI
How much do homes in Charlestown, RI cost?
Median Sold Price
$560,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charlestown was $560,000 in April 2024, down 8.9% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | $240.7K | -17.0% |
2 Bedrooms | $340K | $411.2K | +21.0% |
3 Bedrooms | $621.2K | $581K | -6.5% |
4 Bedrooms | $790K | $650K | -17.7% |
5+ Bedrooms | $1.3M | $590K | -56.5% |
Summary: Charlestown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes decreased by 56.5%.
Median Sold Price Compared To Nearby Cities
Richmond | $417.7K | $433.7K | +3.8% |
Charlestown | $615K | $560K | -8.9% |
Housing Supply in Charlestown, RI
How many homes are available in Charlestown, RI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Charlestown real estate market had 29 homes for sale in April 2024, a 31.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 11 | 17 | +54.5% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Charlestown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 54.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Charlestown in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Charlestown, RI
How long does it take to sell a home in Charlestown, RI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 11 Days | -64.8% |
Summary: Homes in Charlestown had an average of 11 days on market in Apr 2024, down by 64.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Charlestown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.