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Rhode Island Housing

 
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As of 2010-2014, median price of a house in Rhode Island is $241,200, which is higher than the national average of $175,700. The Rhode Island median house value has grown by 81.35% since 2000. The growth rate for the price of a house in Rhode Island is higher than the national average rate of 46.91%. The median year that a house in Rhode Island was built is 1958, which is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 246,829 Owner Occupied Houses in Rhode Island, #12
Rhode Island
241,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #11
Rhode Island
81.35%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Rhode Island%U.S.
Total Housing Units462,930, see rank100%132,741,033
Occupied Housing Units409,56988.47%, see rank87.55%
Owner Occupied246,82953.32%, see rank56.34%
Renter Occupied162,74035.15%, see rank31.21%
Vacant Housing Units53,36111.53%, see rank12.45%
For Rent11,8972.57%, see rank2.34%
For Sale Only4,8201.04%, see rank1.20%
Rented or Sold, Not Occupied3,2380.70%, see rank0.92%
For Seasonal, Recreational, or Occasional Use18,0493.90%, see rank3.97%
For Migrant Workers610.01%, see rank0.03%
Other Vacant15,2963.30%, see rank4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #49
Rhode IslandU.S.
19581976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Rhode Island%U.S.
Owner-Occupied Units246,829100%74,787,460
With a Mortgage174,73070.79%, see rank65.58%
Without a Mortgage72,09929.21%, see rank34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Rhode Island
1,867 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRhode Island%U.S.
$299 or Less3170.18%, see rank0.20%
$300 to $4991,2350.71%, see rank1.59%
$500 to $6992,7151.55%, see rank5.01%
$700 to $9999,5895.49%, see rank14.32%
$1,000 to $1,49936,95921.15%, see rank27.90%
$1,500 to $1,99949,57028.37%, see rank20.35%
$2,000 to $2,99954,48331.18%, see rank19.52%
$3,000 or More19,86211.37%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rhode Island
25.80% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rhode Island%U.S.
10% or Less8,4404.83%, see rank5.86%
10% to 20%46,58026.66%, see rank31.95%
20% to 30%51,47829.46%, see rank27.64%
30% to 40%27,01715.46%, see rank13.74%
40% or More40,63823.26%, see rank20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Rhode Island
679 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRhode Island%U.S.
$199 or Less9351.30%, see rank7.76%
$200 to $2991,8412.55%, see rank14.70%
$300 to $49911,85916.45%, see rank34.63%
$500 to $69924,02733.33%, see rank21.16%
$700 or More33,43746.38%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rhode Island
15.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rhode Island%U.S.
10% or Less19,74227.38%, see rank40.19%
10% to 20%24,57034.08%, see rank31.47%
20% to 30%11,22715.57%, see rank12.24%
30% to 40%5,7077.92%, see rank5.64%
40% or More9,89813.73%, see rank9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Rhode Island%U.S.
Total Housing Units462,930100%132,741,033
1-unit, Detached254,41354.96%, see rank61.65%
1-unit, Attached15,2243.29%, see rank5.82%
2 Units53,04011.46%, see rank3.75%
3 or 4 Units59,08212.76%, see rank4.43%
5 to 9 Units23,3585.05%, see rank4.78%
10 or More Units53,06111.46%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.4,7521.03%, see rank6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Rhode Island%U.S.
Total Housing Units462,930100%132,741,033
1 Room10,0302.17%, see rank1.95%
2 Rooms13,5732.93%, see rank2.48%
3 Rooms45,9409.92%, see rank9.13%
4 Rooms80,87617.47%, see rank16.60%
5 Rooms97,71921.11%, see rank20.41%
6 Rooms88,29819.07%, see rank18.06%
7 Rooms52,50511.34%, see rank12.27%
8 Rooms35,3437.63%, see rank8.48%
9 Rooms or More38,6468.35%, see rank10.60%
Median Rooms5.30, see rank-5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Rhode Island%U.S.
Total Housing Units462,930100%132,741,033
No Bedroom10,6592.30%, see rank2.17%
1 Bedroom65,59714.17%, see rank11.16%
2 Bedrooms138,51129.92%, see rank26.69%
3 Bedrooms177,04638.24%, see rank39.70%
4 Bedrooms55,73212.04%, see rank16.05%
5 or More Bedrooms15,3853.32%, see rank4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Rhode Island%U.S.
Total Housing Units409,569100%116,211,092
Utility Gas209,40951.13%, see rank48.85%
Bottled, Tank, or LP Gas9,5902.34%, see rank4.86%
Electricity37,4629.15%, see rank36.68%
Fuel Oil, Kerosene, etc.142,61234.82%, see rank5.86%
Coal or Coke4340.11%, see rank0.12%
Wood7,1831.75%, see rank2.12%
Solar Energy960.02%, see rank0.05%
Other Fuel1,7260.42%, see rank0.47%
No Fuel Used1,0570.26%, see rank1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRhode Island%U.S.
Occupied Units Paying Rent157,088100%39,201,928
$199 or Less3,5682.27%, see rank1.50%
$200 to $29910,7006.81%, see rank3.18%
$300 to $49911,8077.52%, see rank7.37%
$500 to $69915,96510.16%, see rank16.01%
$700 to $99950,67732.26%, see rank29.17%
$1,000 to $1,49947,84930.46%, see rank26.88%
$1,500 to $1,99911,6717.43%, see rank9.79%
$2,000 or More4,8513.09%, see rank6.10%
Median$923, see rank-$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Rhode Island%U.S.
Occupied Housing Units409,569100%116,211,092
No Vehicles Available40,2039.82%, see rank9.12%
1 Vehicles Available150,62236.78%, see rank33.80%
2 Vehicles Available149,98436.62%, see rank37.48%
3 or More Vehicles Available68,76016.79%, see rank19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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