02827 Zip Code First-Time Homebuyer Report for October

The 02827 zip code has a younger population than other areas in Rhode Island with a median age of 43 years. It is also affluent with a median income of $74,912 per household. The 02827 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the zip code is Western Coventry School.

Price Range

Home values in the 02827 zip code are generally in line with others in the state with a median home value of $219,000 and an average list price of $290,350. Sales numbers in the 02827 zip code market remain the same with one homes over the last 30 days and the market still shows a recent trend downward overall.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 02827 zip code:

$175K   $275K   $249K  

Typical Dwelling

The typical dwelling in the 02827 zip code is a three-bedroom detached home worth about $277,617. To purchase a similar home, a buyer with good credit and a $55,523 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,986 monthly payment. The property tax rate is $21.56 per $1,000 of taxable assessed value.

Get started right now by checking out 02827 homes for sale or reviewing 02827 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Residential Properties
6 reviews
Garden City Realtors RI
Snapped 3 homes in this area

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