02908 Zip Code's October First-Time Homebuyer Report

The 02908 zip code has a much older population than other areas in Rhode Island with a median age of 29 years. It is also much less affluent than average with a median income of $37,230 per household. Detached homes account for 88% of the area's current housing market. The top school in the zip code is Classical High School.

Price Range

Some of the least expensive homes in Rhode Island are in the 02908 zip code with a median home value of $120,000, while the list prices of available homes is currently at an average of $160,102. Sales in the 02908 zip code market hit their lowest level since January. For the prior 30-day period, there were 14 homes sold, a decrease of 36.4%.

Make sure you take a look at these eye-catching homes in the 02908 zip code that generated the most views from potential buyers:

$320K   $215K   $335K  

Typical Dwelling

The typical dwelling in the 02908 zip code is a three-bedroom detached home worth about $169,430. To purchase a similar home, a buyer with good credit and a $33,886 cash down payment could obtain a mortgage with a 3.95% interest rate and a $907 monthly payment. The property tax rate is $19.05 per $1,000 of taxable assessed value.

Get started right now by checking out 02908 homes for sale or reviewing 02908 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Residential Properties Ltd
17 reviews
Exit Realty Pinnacle
Snapped 4 homes in this area
Rhode Island Residential
Snapped 102 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
3 snaps in this area
1 snap in this area
1 snap in this area
©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.