Is Wood River Junction, RI 02894 a buyer’s or seller’s market?
Wood River Junction is a seller’s market. With about 3.2 months of supply and 100% 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.
The Wood River Junction housing market right now
In the three months ending August 31, 2026, 100% of homes in Wood River Junction, RI 02894 sold above their list price, the typical home went under contract in 27 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Washington County, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Kenyon 02836 (0% sold over asking) or Bradford 02808 (0% sold over asking).
Run the numbers for 02894
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 →Where Wood River Junction is
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Questions about Wood River Junction real estate
Is Wood River Junction a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Wood River Junction, RI 02894 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 Wood River Junction?
The typical home went under contract in 27 days in the latest three months.
Do homes in Wood River Junction sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.
What are property taxes in Wood River Junction?
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 Wood River Junction?
The median sale price was $474,300 in the three months ending August 31, 2026, about $277 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