Is Shannock, RI 02875 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Shannock is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Shannock housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Washington County, RI

Population	44
Owner-occupied	36% of homes

Natural hazard riskHurricanes (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 02875; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 02875

Prefilled for 02875Can I win this house?Multiple-offer likelihood for a listing Prefilled for 02875Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashaway 02804Seller’s market $292 /sq ft Block Island 02807Buyer’s market $1,056 /sq ft Bradford 02808Seller’s market $328 /sq ft Carolina 02812 $316 /sq ft Browse all markets →

Where Shannock is

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Questions about Shannock real estate

What are property taxes in Shannock?

About 1.00% of a home’s value a year in Washington County, or roughly $4,000 on a $400,000 home.

Local agents

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More tools for 02875

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Washington County property taxes Washington County loan limits Closing costs in Rhode Island Hottest ZIP codes in Rhode Island

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