Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$441,067+4.4% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$95,614About 1.0× the local median income ($91,417): a stretch for a typical household
Days on market35 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Kent County, RI is worth $441,067, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $363,330, so the area is 21.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 35 days to sell, listings are up 28% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $95,614 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,417. Typical rent is $2,192 a month, or $3,080 for a house. In the latest IRS figures, 417 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$441,067
Change in 1 year
+4.4%
Overvalued %
+21.4%
Show 7 more
Fair home value
$363,330
Change in 5 years
+35.2%
Zillow forecast, next 12 months
+2.6%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$2,390
Income needed to afford it
$95,614
Property tax rate
1.35%
Rent and investing
Typical rent
$2,192
Typical rent for houses
$3,080
Price-to-rent ratio
16.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,879
Gross rental yield
5.96%
Cap rate (estimate)
3.88%
Market activity
Listings vs a year ago
+28.1%
Days on market
35
Listings with a price cut
15.4%
Show 3 more
Homes for sale
383
Pending sales per 100 listings
66
Asking price per sq ft
$342
People and jobs
Median household income
$91,417
Population change (1 year)
+0.7%
Unemployment rate
4.7%
Show 4 more
Population
173,495
Income adjusted for cost of living
$89,801
Net moves in (IRS)
+417
Cost of living (US = 100)
101.8
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
69.4
Unhealthy air days a year
0
Show 4 more
Flood risk score
80.9
Wildfire risk score
21.1
Walkability (1 to 20)
11.5
Road, rail and air noise
53 dB
Questions people ask
Is Kent County, RI overvalued?
Home prices in Kent County, RI are well above what local incomes have historically supported: fair value is about $363,330, so the area is 21.4% overvalued.
Is Kent County, RI a buyer's or seller's market?
Kent County, RI is a balanced market, leaning toward sellers: homes take about 35 days to sell, listings are up 28% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Kent County, RI?
Home values in Kent County, RI are up 4.4% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Kent County, RI?
A household needs about $95,614 a year to afford the typical home in Kent County, RI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,417.