Is Narragansett Pier a buyer's or seller's market right now?

Narragansett Pier is currently a buyer's market with 5 months of supply. 100% of homes sell above asking price. The Ridley Sell Score for Narragansett Pier is 52/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Narragansett Pier?

The median home price in Narragansett Pier is $452,250, down 82.3% year-over-year. The median price per square foot is $499. Homes sell in a median of 146 days with a sale-to-list ratio of 100.5%.

How much does it cost to sell a home in Narragansett Pier, Rhode Island?

On a $452,250 home in Narragansett Pier, a traditional listing agent charges around $13,568 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $36,180 or more. With Ridley Essentials ($999) you save $12,569, and with Ridley Pro ($3,499) you save $10,069 while getting full agent support.

How does Ridley's flat fee compare to a traditional Narragansett Pier agent?

A traditional Narragansett Pier listing agent typically charges 3% of the sale price — about $13,568 on a $452,250 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $12,569–$10,069 compared to a traditional agent.

How long does it take to sell a home in Narragansett Pier?

The median home in Narragansett Pier currently spends 146 days on the market before going under contract. At a 100.5% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Rhode Island?

No. Rhode Island does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $452,250 home, that could save you up to $10,069.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Rhode Island. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $13,568 commission.

National/Rhode Island

Narragansett Pier, RI

Is Now a Good Time to Sell in Narragansett Pier, Rhode Island?

The median home in Narragansett Pier sells for $452,250 with prices down 82.3% year-over-year. The average seller pays $13,568 in commissions — Ridley’s flat fee saves you $10,069.

Narragansett Pier Real Estate Market Conditions — March 2026

52out of 100

Ridley Sell Score

How it's scored →

Moderate

52/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Narragansett Pier market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors buyers

5 months of supply — near the balanced threshold of 5 months. Rhode Island average is 2.8.

Price MomentumFavors buyers

Prices down 82.3% year-over-year — vs. +8.1% statewide.

Seller LeverageFavors sellers

Homes selling at 100.5% of asking — sellers are getting 0.5% above list on average. Rhode Island average is 99.1%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 182% above the Rhode Island average of 35.4%.

Sale SpeedFavors buyers

146 median days on market — 95 days slower than the Rhode Island average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 36.9% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Rhode Island average is 12.9%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$452,250

-82.3%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

146

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$499

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100.5%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

100%

Strong demand

12-Month Price Trend

$2,550,000 → $452,250

▼82.3%

$2.5M$2.0M$1.5M$1.0M$500K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Narragansett Pier — delivered monthly.

Your savings

How much can you save selling your home in Narragansett Pier?

The average Narragansett Pier homeowner saves $10,069 by selling with Ridley instead of paying the traditional 3% listing commission on a $452,250 home.

$0Estimated savings

That's a dream family vacation — save 2.2% of your home value

Your Narragansett Pier home value

$452,250

$50,000$10M

Traditional Agent (3%)

$13,568

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Narragansett Pier?

The total cost to sell a house in Narragansett Pier in 2026 ranges from $999 with Ridley Essentials to approximately $13,568 with a traditional 3% commission on a $452,250 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$13,568	$3,499	$999	$0
Buyer agent	$12,6632.8% avg	$9,045~2% avg	$9,045~2% avg	$12,6632.8% avg
Closing costs (~1.5%)	$6,784	$6,784	$6,784	$6,784
Total cost	$33,015	$19,328	$16,828	$19,447
Net proceeds	$419,235	$432,922	$435,422	$432,803
You save	—	$10,069	$12,569	$13,568No support