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Is Greene, RI 02827 a buyer’s or seller’s market?

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

Greene is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$310▲ +16.8% vs. last year

The Greene housing market right now

In the three months ending August 31, 2026, 25% of homes in Greene, RI 02827 sold above their list price, the typical home went under contract in 59 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (43 days then) and the median sale price rose 73% to $657,166. Overall, Greene is about as competitive as it was a year ago.

Within Kent County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, West Warwick 02893 (62% sold over asking) and Warwick 02888 (61% sold over asking) are even more competitive.

Run the numbers for 02827

Prefilled for 02827Can I win this house?Multiple-offer likelihood for a listing Prefilled for 02827Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Coventry 02816Seller’s market $263 /sq ftEast Greenwich 02818Seller’s market $342 /sq ftWarwick 02886Seller’s market $285 /sq ftWarwick 02888Seller’s market $317 /sq ft Browse all markets →

Towns like Greene nearby

Find towns like Greene in other states →
Dighton, MA02715 · 31 miles away91% similarpricier homes ($71K more) · larger Berkley, MA02779 · 35 miles away89% similarpricier homes ($92K more) · larger Hope, RI02831 · 10 miles away85% similarpricier homes ($43K more) · older homes Assonet, MA02702 · 35 miles away84% similarpricier homes ($97K more) · larger

Where Greene is

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Questions about Greene real estate

Is Greene a buyer’s or seller’s market?

A buyer’s market: there were 8.8 months of supply in Greene, RI 02827 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 Greene?

The typical home went under contract in 59 days in the latest three months.

Do homes in Greene sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.

What are property taxes in Greene?

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 Greene?

The median sale price was $657,166 in the three months ending August 31, 2026, about $310 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