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Home Buying
It cost buyers $30,000 more to purchase a single-family home in Rhode Island in September than it did last fall, according to a report the state’s realtor association released Thursday.
The median sales price for a single-family home in Rhode Island was $485,000 in September, which reflects a 6.6 percent year-over-year increase.
Soaring home prices, mortgage rates that are at their highest level in two months, and a lack of inventory have put a damper on sales. “Closed sales fell by 3 percent, and pending sales … also dropped by 2.2 percent,” according to the report.
The inventory of homes “continues to creep upward” but is “still critically low,” according to the association. The state had a 2.4-months’ supply of homes on the market in September. A healthy market has at least a five.
“Each month since January 2022, pending sales have fallen compared to the previous year, a sign that housing affordability is not improving in Rhode Island,” Sally Hersey, president of the Rhode Island Association of Realtors, said in a news release. “The median sales price of single-family homes has risen year over year every month since January 2017. We desperately need to build more housing.”
Home buyers who are turning to the condo market to fulfill the American dream of homeownership shelled out nearly $48,000 more last month for a unit than they did in September 2023. The median sales price of $427,450 last month was a record and reflected a 12.52 percent year-over-year increase. Sales were down 5.3 percent, but the inventory got a bump; it’s up 31 percent year over year.
“We haven’t yet seen much of an effect from the Federal Reserve’s September rate cut on Rhode Island’s housing market. Our main problem continues to be supply. The Realtor Association is committed to supporting all viable legislative initiatives that can help in that regard in the 2025 legislative session,” Hersey said.
Some buyers purchase multifamily homes to cover their mortgages. They live in one unit and rent out the other/s. That endeavor gets more challenging by the month. The median sales price for a multifamily in Rhode Island “skyrocketed to a record $595,000” in September, an increase of nearly 25 percent.
Buyers still in the game had more listings to consider. The inventory in Rhode Island’s multifamily market increased 7.4 percent compared to September 2023.
In a drilldown into single-family home prices, the report noted that Washington County — home to Block Island, North Kingstown, and South Kingstown, among other high-income enclaves — the median sales price for a single-family home ($700,000) jumped 19.66 percent in September. The median sales price in September 2023 was a more palatable $585,000.
Providence County, home to the capital, the median sales price rose a more modest 8.64 percent to $440,000.
The only county that saw a price drop was Bristol. The median sales price of $622,753 reflects a 17.52 decrease, but that is based on only 34 sales. Compare that to Washington County (111 sales) and Providence County (345). Fewer sales can skew the results.
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Patrol officers were dispatched to the bridge shortly before 11 p.m. Tuesday and found a 40-year-old man with stab wounds to his chest, Josh Estrella, the director of communications for the city of Providence, said in an email.
The Providence Fire Department transported the man to Rhode Island Hospital, Estrella said.
I think we may have found the most terrifying porta potty in New England. Here’s how it happened.
We were lucky enough to broadcast The MGM Show live from DeWolf Tavern in Bristol, Rhode Island this morning.
Aside from being one of the most patriotic towns in America, Bristol is also one of the most beautiful seaside towns.
There’s only one problem: the bridge that you need to use to get to Bristol scares me to death. Don’t get me wrong, I don’t scare easily with things like bridges, tunnels, or airplanes. However, the Mount Hope Bridge is one that makes me want to close my eyes and “hope” for the best. Maybe that’s where the name comes from.
If you live in the area of the Mount Hope Bridge, you know all too well about the construction that has been happening over the spring and summer. I noticed the construction today and it got me wondering if any of them were afraid of heights.
If heights bother you, there’s definitely one added feature that could make working construction on the Mount Hope Bridge even more difficult, if not impossible.
The porta potty that is perched on top of the bridge is the stuff nightmares are made of. I’m not sure how badly I’d need to have to use a bathroom before I succumbed to opening the door of this porta potty and climbing inside.
How can anyone get in there and not picture themselves slowly free falling in the smelly chamber as indelible blue goo leaves the toilet as you prepare for your humiliating doom?
Take a look at these pictures and ask yourself if you could ever use it. This might be Rhode Island’s most terrifying porta potty.
Here is data from the past 12 months that ranks the food spots with the busiest foot traffic in New Bedford.
Gallery Credit: Michael Rock
Here are the rules you might not know if you don’t live in New Bedford.
Gallery Credit: Michael Rock
Gray’s Ice Cream has been scooping cones at a Rhode Island crossroads since 1923. That kind of staying power is what keeps these eight towns on national favorites lists year after year. Newport carries the Gilded Age mansions and a 3.5-mile shoreline walk past their lawns. Woonsocket holds a former church that Yankee Magazine named the Sistine Chapel of America. Tiverton trades on windsurfing beaches and a colonial village full of galleries. Each town here earns a full day, and several reward a whole weekend.
Newport faces the Atlantic from the southern tip of Aquidneck Island, and USA Today 10Best readers voted it the No. 6 coastal small town in America for 2024. The Cliff Walk runs 3.5 miles between Easton’s Beach and Bailey’s Beach, a National Recreation Trail since 1975, with surf on one side and Gilded Age lawns on the other. Along the way stands The Breakers, the 70-room summer home Cornelius Vanderbilt II completed in 1895, open for tours through the Preservation Society of Newport County. Downtown, Touro Synagogue, dedicated in 1763, remains the oldest synagogue building in the United States and still houses an active congregation. Bowen’s Wharf now stacks restaurants and galleries beside the docks. Newport fits anyone who wants beach days framed in marble.
Middletown stretches across the center of Aquidneck Island, and its shoreline carries the day. Sandy crescents at Second Beach and Third Beach bookend a peninsula that ends at Sachuest Point National Wildlife Refuge. Those 242 protected acres host more than 200 bird species on migration, and snowy owls sometimes winter there. Inland, the Norman Bird Sanctuary keeps seven miles of trails across roughly 300 acres; the Hanging Rock route looks down on the refuge and the beach below. Newport Vineyards pours its tastings in Middletown, despite the name, an easy stop on the ride home. Middletown is the pick for visitors who measure a good day in shorebirds and sand.
Portsmouth crowns the north end of Aquidneck Island and has been settled since 1638, second in age only to Providence among Rhode Island municipalities. Green Animals Topiary Garden clips more than 80 figures from privet, yew, and boxwood on a seven-acre estate above Narragansett Bay. The oldest topiary garden in the country stays in bloom through the warm months, roughly May into October. Glen Manor House, a town-owned French-style manor on the Sakonnet River, presides over the old Glen Farm estate, with the walking paths and picnic groves of Glen Park alongside. Greenvale Vineyards pours estate wines in a tasting room of former horse stalls beside 27 acres of riverside vines. Families head for the shallow water at Sandy Point Beach. Portsmouth works for anyone who likes a coastline with topiary elephants on it.
Tiverton lines the east bank of the Sakonnet River, where shore roads and stone walls funnel day-trippers toward Tiverton Four Corners. Galleries, antique shops, and the Four Corners Arts Center fill buildings dating to the 18th century. Gray’s Ice Cream has been scooping at the crossroads since 1923, with a summer line to prove it. Behind the village, Weetamoo Woods and the adjoining Pardon Gray Preserve spread hundreds of acres of oak forest, old mill ruins, and walking trails. Fogland Beach is a black-stone beach located on Fogland Point, where steady wind draws windsurfers and the views run across to Aquidneck Island. Tiverton makes the case for a slow afternoon that ends with a cone at the crossroads.
Warren gets introduced as the smallest town in the smallest county in the smallest state, and its few square miles hold an outsized food scene. Blount Clam Shack offers clam cakes beside the docks on Water Street, while the Hope & Main food incubator keeps hatching new food businesses a few blocks inland. The East Bay Bike Path is a 14.5-mile path between Providence and Bristol, dropping riders within a short walk of the waterfront. History holds the center of town too: the Historic Warren Armory still fronts a downtown that grew up on shipbuilding and marine trades. Warren belongs on this list for travelers who plan trips around lunch.
East Greenwich climbs from Greenwich Cove in a district known as Hill and Harbor, with Main Street running the ridge a block above the water. The Greenwich Odeum opened on that street in 1926 at the tail end of vaudeville and reopened in the fall of 1994 as a performing arts mainstay. Sailboats crowd the cove below Scalloptown Park, named for the shellfishing grounds that once ran the local economy, with walking paths along the bay. The 1773 Varnum House Museum on Peirce Street preserves the home of Continental Army General James Mitchell Varnum. East Greenwich suits travelers who want dinner with a marina view and a show afterward.
North Kingstown keeps its showpiece in Wickford, a harbor village holding one of the largest collections of 18th-century homes in the Northeast. The Old Narragansett Church was built in 1707 and moved to Wickford in the 1800s. It is also believed to be the oldest Episcopal church building in the northeastern United States. Just north of the village, Smith’s Castle dates to 1678, one of the oldest houses in Rhode Island, built near the site where Roger Williams ran a 1637 trading post. Each summer, the Wickford Art Festival, held since 1962, brings roughly 200 juried artists to Wilson Park. Kayaks trace the edges of one of the best-protected natural harbors on the East Coast.
Woonsocket bends around the Blackstone River at the state’s northern edge, where mill-era fortunes paid for a cultural inheritance that still surprises first-timers. The St. Ann Arts and Cultural Center holds the largest collection of fresco paintings in North America. Guido Nincheri painted the former church interior over eight years, using hundreds of Woonsocket residents as models. Yankee Magazine later dubbed it the Sistine Chapel of America, and seasonal tours run on Sundays. On Monument Square, the 1926 Stadium Theatre survived the end of vaudeville and a long closure before a 2001 restoration; it now books national acts alongside community productions. The Museum of Work and Culture walks visitors from a Québec farmhouse into the mills that drew thousands of French Canadian families south. Autumnfest closes the season each Columbus Day weekend with carnival rides, craft booths, and fireworks. Woonsocket rewards travelers who like their art with mill-town history attached.
What links these eight towns is less geography than staying power. Newport has drawn visitors to its mansions for more than a century, and Gray’s has scooped at the Tiverton crossroads since 1923. Woonsocket’s frescoes and Wickford’s 18th-century streets reward an afternoon as readily as Newport’s Cliff Walk does. The reputations came from different sources, mansions in one town, a wildlife refuge in another, an art festival in a third, but each holds up to a close look. That is what keeps them on the lists.
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