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Rhode Island
Home prices soar in a sluggish Rhode Island market
Spring House Hunt
If you are looking for a condo as your first step into homeownership or your housing type of choice as you downsize, the number of listings is up but so are prices.
The median sales price for a single-family home in Rhode Island jumped 11.4% year over year in March to $440,000, the state’s realtors association reported Thursday.
For Massachusetts home seekers looking for a break in the Ocean State, the seas are nearly just as stormy. Single-family home prices in both states jumped by double digits between March 2023 and March 2024, according to the Rhode Island Association of Realtors.
The medial sales price of a single-family home in Providence, for example, climbed from $337,250 to $373,750 in March, a 10.82% jump. In Lincoln, the increase was more severe from, $410,000 to $560,000, a rise of 36.59%.
“The available supply of homes remains critically low going into the spring selling season,” the report reads. “At the current inventory level and pace of sales in March, all single-family homes on the market would be sold in less than one month, far less than the five to six months seen during a market balanced between supply and demand.”
Home sales fell by 4.9%, and sales “in process but not completed by the end of March fell by 7.2%, an indication that market activity will remain slow” for the rest of April, the report says.
“Sales could remain hampered through the spring market thanks to the recent news that the Federal Reserve reported an uptick in inflation in March, which means no immediate cuts to mortgage rates,” said Sally Hersey, association president. “On the positive side, a recent rise in mortgage rates may help increase inventory, which is desperately needed.”
High mortgage rates affect the buyer’s side, because some will no longer qualify for the home they want or they will opt to sit on the sidelines, Hersey told Boston.com.
Rhode Island condo market
If you are looking for a condo as your first step into homeownership or your housing type of choice as you downsize, the number of listings is up but so are prices.
Calling Rhode Island’s condo market the “outlier,” the report noted that sales in this category were up 0.81% year over year and that the number of pending sales reflected a 7.6% increase.
Meanwhile, the number of condo units on the market (241) climbed by more than 5%.
The median sales price was also up, and by double digits — from $319,950 to $370,000, a 15.64% increase.
Rhode Island multifamily market
Sales plummeted 19% year over year in March in this category, which is often viewed as a way to own a home and help pay off one’s mortgage. The median sales price rose 18.9%, to $535,000.
Local News
The vehicle’s three occupants are believed to still be inside.
A car carrying a family of three went into the Seekonk River in Rhode Island Sunday evening, authorities said.
The vehicle entered the river near the Taft Street boat ramp shortly before 7:30 p.m., Pawtucket Police Chief Tina Goncalves said in a statement.
A bystander riding a jet ski heard the car dive into the water and attempted to help, while another witness called 911, according to Goncalves.
First responders arrived within three minutes of the emergency call, Goncalves noted.
The vehicle’s three occupants are believed to still be inside, The Boston Globe reported.
Recovery efforts resumed Monday, with Pawtucket police and fire personnel working alongside Rhode Island State Police and other state agencies to remove the vehicle from the river, Goncalves said.
“Conditions are extremely challenging for dive teams due to the strong current and poor underwater visibility,” she added.
A video released by the Globe shows the car being recovered from the water Monday afternoon.
Authorities have not released the identities or conditions of the occupants.
“We ask that you please keep the family and their loved ones in your prayers as our first responders continue recovery efforts,” Goncalves said.
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(WJAR) — Rhode Island leaders will announce millions in funding for road improvements in Aquidneck Island on Monday.
Members of the Rhode Island Congressional Delegation will announce $19,250,000 in federal funding for the project.
File image of traffic in Aquidneck Island. (WJAR)
It’s meant to improve road and sidewalk conditions on the island.
This will include high-visibility crosswalks to improve pedestrian safety.
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Senator Jack Reed, Senator Sheldon Whitehouse, and Congressman Gabe Amo are expected to attend.
The Rhode Island Lottery offers multiple draw games for those aiming to win big.
Here’s a look at June 28, 2026, results for each game:
Winning Numbers numbers from June 28 drawing
Midday: 7-7-1-0
Evening: 6-7-5-2
Check Numbers payouts and previous drawings here.
Winning Wild Money numbers from June 28 drawing
04-05-07-13-32, Extra: 18
Check Wild Money payouts and previous drawings here.
Winning Millionaire for Life numbers from June 28 drawing
04-11-31-54-58, Bonus: 03
Check Millionaire for Life payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your prize
- Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
- Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
- Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.
When are the Rhode Island Lottery drawings held?
- Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
- Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
- Lucky for Life: 10:30 p.m. ET daily.
- Millionaire for Life: 11:15 p.m. ET daily.
- Numbers (Midday): 1:30 p.m. ET daily.
- Numbers (Evening): 7:29 p.m. ET daily.
- Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.
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