Is East Greenwich, RI 02818 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

East Greenwich is a seller’s market. With about 2.7 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score79/ 100

More competitive than 84% of U.S. ZIP codes, and #34 of 52 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list45.3%Share of sales, last 3 months
Median sale-to-list101.2%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$342▲ +4.5% vs. last year

The East Greenwich housing market right now

In the three months ending August 31, 2026, 45% of homes in East Greenwich, RI 02818 sold above their list price, the typical home went under contract in 26 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 89 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold more slowly (23 days then) and the median sale price rose 1% to $755,923. Overall, East Greenwich is about as competitive as it was a year ago.

Within Kent County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, East Greenwich ranks #34 of 52 RI ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Greene 02827 (25% sold over asking), while West Warwick 02893 (62% sold over asking) and Warwick 02888 (61% sold over asking) are even more competitive.

Nearby markets

Coventry 02816Seller’s market $263 /sq ftGreene 02827Buyer’s market $310 /sq ftWarwick 02886Seller’s market $285 /sq ftWarwick 02888Seller’s market $317 /sq ft Browse all markets →

Where East Greenwich is

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Questions about East Greenwich real estate

Is East Greenwich a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in East Greenwich, RI 02818 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in East Greenwich?

The typical home went under contract in 26 days in the latest three months.

Do homes in East Greenwich sell over asking?

45% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.

What are property taxes in East Greenwich?

About 1.35% of a home’s value a year in Kent County, or roughly $5,400 on a $400,000 home.

What is the median home price in East Greenwich?

The median sale price was $755,923 in the three months ending August 31, 2026, about $342 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology