Warwick, R.I. – July 21, 2026 -- Rhode Island's housing market posted year-over-year gains in closed sales across all residential property types despite ongoing economic uncertainty. Single-family home sales led the way with a 14% increase - the first annual gain in closed transactions this year - while the median sales price climbed to a record monthly high of $550,000, up 5.8% from June 2025.
Read MoreReminder: Starting on July 1, 2026, owners of residential dwellings that are assessed at more than $1 million are required to pay a new quarterly state property tax on the portion that is over $1 million unless the owners can document that (1) they live in the property for 183 days or more or (2) rent to tenants during the tax period.
Read MoreWith the 2026 Rhode Island legislative session now complete, RI REALTORS® has released its digital 2026 Legislative Wrap-Up, highlighting the key real estate-related outcomes from the more than 300 proposed bills the Association monitored this year.
Read MoreEffective July 1, 2026, Rhode Island's new Survivor Early Lease Termination Act gives certain residential tenants the right to end a lease early without penalty and, in some situations, request that their landlord change the locks. The law is intended to help survivors quickly leave unsafe living situations while providing landlords with clear procedures to follow.
Read MoreRhode Island's housing market posted year-over-year gains in closed sales across all residential property types despite ongoing economic uncertainty. Single-family home sales led the way with a 14% increase - the first annual gain in closed transactions this year - while the median sales price climbed to a record monthly high of $550,000, up 5.8% from June 2025.
↑ 5.8%
↑ 14%
↓ 6.3%
Months Supply
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