Question 1

How competitive is the housing market in Block Island (02807)?

Accepted Answer

The Block Island (02807) (02807) in Block Island, RI housing market has a competitiveness index of 0 out of 100, making it a less competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Block Island (02807)?

Accepted Answer

Homes in Block Island (02807) (02807) in Block Island, RI sell for an average of 9.6% below asking price. There may be room to negotiate below asking price.

Question 3

How fast do homes sell in Block Island (02807)?

Accepted Answer

The median days on market in Block Island (02807) (02807) in Block Island, RI is 133 days. Homes are taking longer to sell, which may give buyers more negotiating leverage.

Question 4

What is the median home price in Block Island (02807)?

Accepted Answer

The median sale price in Block Island (02807) (02807) in Block Island, RI is $1,879,750. The median price per square foot is $1210. This is based on 7 recent home sales.