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Coventry, RI 02816 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Coventry, RI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 3131PendingPending sales: 33
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): $550k$550kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Coventry, RI
Distribution of 263 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $584k
$155k to $243k: 28 sales$155k$243k to $331k: 11 sales$331k to $419k: 39 sales$331k$419k to $507k: 68 sales68sales$507k to $595k: 44 sales$507k$595k to $683k: 25 sales$683k to $771k: 13 sales$683k$771k to $858k: 8 salesMedian $475k

What the numbers say

As of October 19, 2026, Resideline is tracking 31 active listings and 3 pending sales in ZIP code 02816. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $549,900, while the median of the 263 closed sales Resideline tracked over the last six months was $475,000. 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 60 days.

Frequently asked questions

What is the median home price in 02816?

The median closed sale price in Coventry, RI 02816 was $475,000 over the last six months, based on 263 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $584,000.

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

Resideline is currently tracking 3 pending sales against 31 active listings in 02816, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 02816 currently looks like a balanced market.

Nearby ZIP code market data

Full Coventry, RI housing market report →

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