Rhode Island Housing Market 2026: Are We Heading Back to Balance?

Jason Pacheco • October 23, 2025

The Rhode Island Association of Realtors recently released housing inventory data, and it paints a clear picture of where our real estate market has been—and where it’s going next.

In my opinion, anything under 2,596 homes for sale in Rhode Island means we’re in a seller’s market. And if you look closely, we’ve been stuck in seller’s market territory since 2021.

Seasonal Housing Trends in Rhode Island

Like much of New England, the Rhode Island housing market follows a predictable seasonal pattern:

  • July–October: The most homes for sale, as inventory peaks.
  • November–February: Listings drop off sharply, hitting the lowest point in January and February.
  • March–June: The spring real estate market builds momentum, pushing inventory back up until the summer months.

This cycle—up in the summer, down in the winter—has always been the natural rhythm of housing supply in Rhode Island.

What’s Changed Since 2023

The most interesting trend is what started in late 2023. For the first time since the COVID-19 housing shortage, inventory has been steadily climbing. In fact, by August 2024, Rhode Island had more homes for sale than at any point since 2022. That’s a strong sign that we’re finally climbing out of the post-COVID low-inventory crisis.


My 2025 Housing Market Predictions

Based on this trajectory, I believe:

  • 2026 will likely continue the path to a balanced market. Provided interest rates hold steady.
  • If rates remain unchanged for the next 5 years, inventory will likely keep climbing, eventually pushing Rhode Island toward a more traditional buyer’s market—similar to what we knew before COVID.

It’s important to remember: the bidding wars and waived inspections that became common after COVID were historically rare.


The Wild Card: Interest Rates

There is one big variable that could change everything: mortgage interest rates. If rates fall below 5% and stay there for six months straight, it could trigger another wave of buyer competition and pull us back into a stronger seller’s market.


The Bottom Line

The Rhode Island real estate market in 2025 is shifting away from the COVID-era frenzy and toward more stability. Buyers, sellers, and investors should watch inventory levels closely in the coming year—because they’ll be the key to knowing whether Rhode Island stays balanced or swings back into another competitive cycle.

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By Jason Pacheco December 17, 2025
Selling Your Home Starts With Knowing What It’s Really Worth If you’re a homeowner in Cumberland, Cranston, Smithfield, Lincoln, North Providence, or Johnston, Rhode Island , and you’re thinking about selling, one question always comes first: “What is my home worth?” The answer isn’t a Zestimate. It’s not a guess. And it’s definitely not what your neighbor’s house sold for last year. As a top local real estate agent specializing in seller representation , my job is to give homeowners a true, data-driven property valuation and a clear strategy to sell for top dollar , not just sell fast. Why Choosing the Right Listing Agent Matters in Today’s Market Selling a home in Rhode Island is no longer “put it on MLS and wait.” Buyers are more educated. Interest rates fluctuate. Inventory changes street by street. That’s why homeowners across Northern Rhode Island and Greater Providence work with an agent who understands: Local neighborhood pricing (not just town averages) Buyer demand in your specific area How to price strategically to create leverage How to protect sellers during inspections and negotiations I represent sellers—not transactions. What Is a CMA (Comparative Market Analysis)? A Comparative Market Analysis (CMA) is the foundation of a successful home sale. It answers: What homes like yours are actually selling for How long they’re taking to sell Where buyers are pushing back on price What pricing strategy will maximize your net proceeds A proper CMA is customized—not automated. How I Determine Your Home’s True Market Value When homeowners ask “What’s my home worth?” , here’s what I analyze: 1. Recent Sales (Not Just Active Listings) Active listings show what sellers want. Sold homes show what buyers will pay. 2. Micro-Location Within Each Town Pricing varies dramatically between: Different neighborhoods in Cumberland East vs West Cranston North Smithfield borders Lincoln school districts Johnston vs North Providence lines 3. Property Condition & Improvements Renovations, layout, lot size, utilities, and mechanicals all matter—sometimes more than square footage. 4. Current Buyer Demand Are buyers competing? Hesitating? Negotiating harder? This changes monthly—and directly impacts value. Why Online Home Value Estimates Are Often Wrong Zillow, Redfin, and other automated tools do not : Walk your home Account for upgrades Understand local buyer psychology Adjust for street-level differences That’s why many sellers: Overprice and sit Underprice and leave money on the table Lose leverage during inspections A local expert CMA prevents this. Seller Representation Built Around Results As a full-time real estate agent representing sellers , my approach is: Accurate pricing from day one Professional photography and video Aggressive marketing across MLS, online platforms, and private networks Strong negotiation to protect your bottom line Clear communication from start to finish Whether you’re selling: A starter home A move-up property A luxury or high-value home An inherited or estate property The strategy changes—but the goal stays the same: maximize your result . Selling a Home in Cumberland, Cranston, Smithfield, Lincoln, North Providence or Johnston? Each town has its own pricing patterns, buyer demand, and selling strategies. That’s why local experience matters. I help homeowners: Understand their true home value Decide if now is the right time to sell Create a smart pricing and marketing plan Navigate inspections, offers, and negotiations confidently There’s no pressure—just clear information and professional guidance. What Is My Home Worth? Get a Free, No-Obligation CMA If you’re even thinking about selling, the smartest first step is knowing where you stand. 📍 Serving: Cumberland, Cranston, Smithfield, Lincoln, North Providence, Johnston, RI 📊 Request your personalized Comparative Market Analysis 📞 No obligation. No pressure. Just real data. Knowing your home’s value puts you in control—whether you sell now or later.
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By Jason Pacheco November 5, 2025
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By Jason Pacheco October 25, 2025
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