News

Warwick, R.I. – December 21, 2023 – Pent-up demand continued to drive prices up in the Ocean State in November according to data recently released by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service. The median price of single-family homes sold in Rhode Island rose to $431,000 last month, up from $411,450 a year earlier, a 4.8% increase.

For many years, owner-occupied two and three-family dwellings have been exempt from complying with lead hazard mitigation laws.  This exemption will be eliminated on January 1, 2024.