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Coventry, RI 02816 Housing Market

Data snapshot: November 9, 2026. Closed-sale window: last 6 months.
Coventry, RI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 3434PendingPending sales: 44
Coventry, RI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $515k$515kSoldMedian sold price (last 6 months): $465k$465k
What homes actually sell for in Coventry, RI
Distribution of 271 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $370k to $580k
$110k to $201k: 15 sales$110k$201k to $292k: 20 sales$292k to $384k: 30 sales$292k$384k to $475k: 62 sales62sales$475k to $566k: 60 sales$475k$566k to $657k: 35 sales$657k to $748k: 14 sales$657k$748k to $839k: 8 salesMedian $465k

What the numbers say

As of November 9, 2026, Resideline is tracking 34 active listings and 4 pending sales in ZIP code 02816. That pending-to-active ratio of 0.12 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $514,900, while the median of the 271 closed sales Resideline tracked over the last six months was $465,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 02816 for 74 days.

Frequently asked questions

What is the median home price in 02816?

The median closed sale price in Coventry, RI 02816 was $465,000 over the last six months, based on 271 closed sales tracked by Resideline. The middle half of those sales ranged from $370,000 to $580,000.

Is 02816 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 34 active listings in 02816, a pending-to-active ratio of 0.12. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,798 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.12. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 02816 is currently a typical-pace market.

Nearby ZIP code market data

Full Coventry, RI housing market report →

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