Is Narragansett, RI 02882 a buyer’s or seller’s market?

The Narragansett housing market right now

In the three months ending August 31, 2026, 20% of homes in Narragansett, RI 02882 sold above their list price, the typical home went under contract in 31 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (44 days then) and the median sale price rose 19% to $994,570. Overall, Narragansett is about as competitive as it was a year ago.

Within Washington County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Narragansett ranks #48 of 52 RI ZIP codes with enough sales (score 53 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.