02873 Zip Code's October First-Time Homebuyer Report

02873 ranks as the sixth-fastest growing zip code in Rhode Island at a 10-year growth rate of 15.6%. However, its population only ranks 75th in size with 126 people. The 02873 zip code is made up of homes that are relatively old with a median of 28 years.

Price Range

The median value of homes in the 02873 zip code is $239,500, making it one of the most valuable areas in Rhode Island. At the same time, the average list price of available homes is presently $294,058. The 02873 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 02873 zip code usually averages 0.4 sales per month.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 02873 zip code:

$229K  

Typical Dwelling

A three-bedroom detached home valued around $161,250 is considered a typical dwelling in the 02873 zip code. If a buyer was looking for a similar home, they would need good credit and a $32,250 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $144 and the property tax rate is $16.46 per $1,000 of taxable assessed value.

Get started right now by checking out 02873 homes for sale or reviewing 02873 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Residential Properties
6 reviews

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.