Is Saunderstown, RI 02874 a buyer’s or seller’s market?
Saunderstown is a seller’s market. With about 2.9 months of supply and 36% 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.
More competitive than 72% of U.S. ZIP codes, and #41 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
The Saunderstown housing market right now
In the three months ending August 31, 2026, 36% of homes in Saunderstown, RI 02874 sold above their list price, the typical home went under contract in 32 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold more slowly (26 days then) and the median sale price rose 19% to $899,611. Overall, Saunderstown is about as competitive as it was a year ago.
Within Washington County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Saunderstown ranks #41 of 52 RI ZIP codes with enough sales (score 68 out of 100).
Nearby, buyers who want less competition could look at Kenyon 02836 (0% sold over asking) or Bradford 02808 (0% sold over asking), while Wood River Junction 02894 (100% sold over asking) and Hopkinton 02833 (67% sold over asking) are even more competitive.
Run the numbers for 02874
Nearby markets
Ashaway 02804Seller’s market $292 /sq ftBlock Island 02807Buyer’s market $1,056 /sq ftBradford 02808Seller’s market $328 /sq ftCarolina 02812 $316 /sq ft Browse all markets →Towns like Saunderstown nearby
Find towns like Saunderstown in other states →Where Saunderstown is
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Questions about Saunderstown real estate
Is Saunderstown a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Saunderstown, RI 02874 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 Saunderstown?
The typical home went under contract in 32 days in the latest three months.
Do homes in Saunderstown sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Saunderstown?
About 1.00% of a home’s value a year in Washington County, or roughly $4,000 on a $400,000 home.
What is the median home price in Saunderstown?
The median sale price was $899,611 in the three months ending August 31, 2026, about $396 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