I’ve been diving into the latest Zillow Home Value Index data to examine how property values have evolved across Rhode Island over the past 15 years. Despite being our nation’s smallest state, Rhode Island offers remarkable diversity in its real estate market. The standout finding? New Shoreham (Block Island) towers above all other communities with a staggering typical home value exceeding $1.68 million, nearly 65% higher than second-place Jamestown. Even more impressive is New Shoreham’s exceptional growth rate of 88% just in the last five years.
The coastal communities dominate Rhode Island’s luxury market, with oceanfront towns claiming the top five positions. What caught my attention was the strength of Warren’s long-term growth – while not among the most expensive markets today, this Bristol County town has seen values surge by an incredible 163% since 2010, the highest 15-year appreciation rate in the state. This reflects broader revitalization efforts and growing interest in previously overlooked communities.
Across these top 25 towns, the average five-year growth rate has been approximately 61%, significantly outpacing both inflation and the national average. This raises fascinating questions about affordability even in Rhode Island’s mid-tier markets, as typical home values now exceed $470,000 in all of the state’s 25 most expensive communities – a substantial figure for New England’s smallest state.
25. Glocester
- January 2025 Home Value: $472,848
- January 2020 Home Value: $296,783
- January 2015 Home Value: $222,330
- January 2010 Home Value: $200,629
- Change from 2020 to 2025: 59.32%
- Change from 2015 to 2025: 112.68%
- Change from 2010 to 2025: 135.68%
Glocester’s rural charm and scenic landscapes have driven home values up 136% since 2010, reaching $472,848 by 2025. Located in northwest Providence County, its quiet villages like Chepachet attract buyers seeking space, tranquility, and historic New England character. The town combines dense forests, scenic lakes, and large lots ideal for privacy. Its reasonable commuting distance to Providence adds practicality to its natural appeal. Glocester remains a top choice for escaping urban density.
24. North Smithfield
- January 2025 Home Value: $483,088
- January 2020 Home Value: $323,566
- January 2015 Home Value: $252,887
- January 2010 Home Value: $251,653
- Change from 2020 to 2025: 49.30%
- Change from 2015 to 2025: 91.03%
- Change from 2010 to 2025: 91.97%
North Smithfield, a revitalized historic mill town, saw home values nearly double since 2010 to $483,088 by 2025. Positioned conveniently along Rhode Island’s northern border, it offers easy access to Providence and Massachusetts employment hubs. Charming neighborhoods like Slatersville, America’s first planned mill village, provide historic charm alongside modern suburban amenities. Strong appreciation reflects the town’s strategic location, quality schools, and balanced growth. North Smithfield continues attracting families seeking suburban convenience with historical character.
23. Cumberland
- January 2025 Home Value: $484,070
- January 2020 Home Value: $312,882
- January 2015 Home Value: $240,602
- January 2010 Home Value: $241,891
- Change from 2020 to 2025: 54.71%
- Change from 2015 to 2025: 101.19%
- Change from 2010 to 2025: 100.12%
Cumberland’s combination of suburban comfort, diverse housing, and natural beauty doubled home values since 2010 to $484,070 by 2025. Its strategic northeastern location near Boston commuter rail stations in neighboring Massachusetts boosts appeal. Neighborhoods range from historic villages like Valley Falls to newer suburban developments. Cumberland’s Blackstone River Valley Park offers both recreation and historical significance. Families appreciate the town’s balance of affordability, convenience, and character.
22. Richmond
- January 2025 Home Value: $485,424
- January 2020 Home Value: $301,349
- January 2015 Home Value: $237,372
- January 2010 Home Value: $221,109
- Change from 2020 to 2025: 61.08%
- Change from 2015 to 2025: 104.50%
- Change from 2010 to 2025: 119.54%
Richmond’s rolling hills, farms, and protected woodlands have driven home values up 120% since 2010, reaching $485,424 by 2025. Located strategically in western Rhode Island between Providence and coastal towns, it attracts buyers seeking genuine rural lifestyles and significant acreage. Conservation areas like Arcadia Management Area enhance the natural appeal. Easy access to I-95 maintains commuting practicality. Richmond remains popular among buyers valuing rural tranquility within reach of urban amenities.
21. Warren
- January 2025 Home Value: $498,546
- January 2020 Home Value: $302,539
- January 2015 Home Value: $234,368
- January 2010 Home Value: $189,484
- Change from 2020 to 2025: 64.79%
- Change from 2015 to 2025: 112.72%
- Change from 2010 to 2025: 163.11%
Warren experienced dramatic appreciation of 163% since 2010, reaching $498,546 by 2025. Its waterfront revitalization transformed the historic Bristol County shipbuilding town into a vibrant arts and culinary hotspot, attracting young professionals and creative entrepreneurs. Water Street blends historic charm, galleries, restaurants, and breweries. Its affordability relative to neighboring Bristol and Barrington boosts attractiveness. Warren’s resurgence continues drawing comparisons to trendy Brooklyn neighborhoods
20. Tiverton
- January 2025 Home Value: $506,278
- January 2020 Home Value: $321,687
- January 2015 Home Value: $237,017
- January 2010 Home Value: $245,804
- Change from 2020 to 2025: 57.38%
- Change from 2015 to 2025: 113.60%
- Change from 2010 to 2025: 105.97%
Tiverton’s coastal charm and varied neighborhoods drove home values up 106% since 2010, surpassing $506,278 by 2025. Located along the Sakonnet River adjacent to Massachusetts, it combines historic villages, rural farmland, and exclusive waterfront areas. Development like the Tiverton Casino Hotel added economic vitality without compromising character. Proximity to Fall River, Newport, and Providence employment centers enhances practicality. Tiverton remains appealing for buyers seeking affordable coastal living with authentic New England charm.
19. Lincoln
- January 2025 Home Value: $506,897
- January 2020 Home Value: $323,587
- January 2015 Home Value: $251,595
- January 2010 Home Value: $251,916
- Change from 2020 to 2025: 56.65%
- Change from 2015 to 2025: 101.47%
- Change from 2010 to 2025: 101.22%
Lincoln’s combination of excellent schools, recreational amenities, and diverse neighborhoods doubled home values since 2010 to $506,897 by 2025. Located just north of Providence, it blends suburban convenience with open spaces like Lincoln Woods State Park. Housing ranges from historic homes in Lime Rock to upscale properties near Kirkbrae Country Club. Access to private schools and proximity to Providence employment centers boosts desirability. Lincoln maintains strong appeal among professionals seeking suburban quality of life.
18. Scituate
- January 2025 Home Value: $513,352
- January 2020 Home Value: $333,822
- January 2015 Home Value: $253,529
- January 2010 Home Value: $266,736
- Change from 2020 to 2025: 53.78%
- Change from 2015 to 2025: 102.48%
- Change from 2010 to 2025: 92.46%
Scituate’s picturesque reservoirs and historic villages increased values 92% since 2010, reaching $513,352 by 2025. Located just west of Providence, the town’s protected Scituate Reservoir ensures rural tranquility and scenic beauty. Villages like Hope and North Scituate add historic charm. The town appeals to professionals seeking rural settings with reasonable commuting times. Its preservation policies maintain spacious properties and authentic character.
17. Foster
- January 2025 Home Value: $520,363
- January 2020 Home Value: $326,559
- January 2015 Home Value: $252,921
- January 2010 Home Value: $240,417
- Change from 2020 to 2025: 59.35%
- Change from 2015 to 2025: 105.74%
- Change from 2010 to 2025: 116.44%
Foster’s commitment to preserving rural character doubled home values since 2010, reaching $520,363 by 2025. Located on Rhode Island’s western border, the town offers genuine rural living with minimum 5-acre zoning in many areas. Historic farms, dense forests, and stone walls create a timeless atmosphere. Foster appeals to buyers willing to commute longer distances for substantial land and privacy. It remains the ultimate destination for authentic country living in Rhode Island.
16. West Greenwich
- January 2025 Home Value: $533,241
- January 2020 Home Value: $342,689
- January 2015 Home Value: $260,716
- January 2010 Home Value: $251,624
- Change from 2020 to 2025: 55.61%
- Change from 2015 to 2025: 104.53%
- Change from 2010 to 2025: 111.92%
West Greenwich’s large-lot rural lifestyle drove values up 112% since 2010, reaching $533,241 by 2025. Over half of its land is protected forest, offering unmatched privacy and natural beauty. Conveniently located along I-95, the town blends accessibility with genuine rural tranquility. Properties typically include substantial acreage surrounded by preserved open space. West Greenwich continues attracting affluent buyers seeking seclusion within commuting distance of Providence.
15. Westerly
- January 2025 Home Value: $543,728
- January 2020 Home Value: $345,015
- January 2015 Home Value: $278,428
- January 2010 Home Value: $276,861
- Change from 2020 to 2025: 57.60%
- Change from 2015 to 2025: 95.28%
- Change from 2010 to 2025: 96.39%
Westerly’s beaches, historic downtown, and accessible location increased home values 96% since 2010, reaching $543,728 by 2025. Situated at Rhode Island’s southwestern border, it combines seaside luxury in Watch Hill with charming middle-class neighborhoods. Westerly provides year-round vitality, benefiting from direct Amtrak access to Providence, Boston, and New York. The town offers exceptional coastal living and authentic New England character. Westerly remains a prime location for both primary and vacation homes.
14. Bristol
- January 2025 Home Value: $561,213
- January 2020 Home Value: $356,582
- January 2015 Home Value: $287,381
- January 2010 Home Value: $236,926
- Change from 2020 to 2025: 57.39%
- Change from 2015 to 2025: 95.29%
- Change from 2010 to 2025: 136.87%
Bristol’s historic waterfront charm drove a 137% rise in home values since 2010, reaching $561,213 by 2025. Famous for its maritime heritage and Fourth of July celebration, it blends beautifully preserved colonial architecture with vibrant downtown energy. The presence of Roger Williams University adds youthful vibrancy. Bristol continues attracting buyers seeking historic charm, waterfront amenities, and a lively cultural scene. Its distinctive character supports sustained appreciation.
13. Exeter
- January 2025 Home Value: $568,056
- January 2020 Home Value: $364,502
- January 2015 Home Value: $290,414
- January 2010 Home Value: $260,583
- Change from 2020 to 2025: 55.84%
- Change from 2015 to 2025: 95.60%
- Change from 2010 to 2025: 117.99%
Exeter’s rural elegance, rolling fields, and equestrian appeal increased home values 118% since 2010, reaching $568,056 by 2025. Located centrally in Washington County, it maintains rural character through conservation policies and large-lot zoning. Proximity to coastal communities and Kingston enhances lifestyle appeal. Exeter remains attractive for affluent buyers seeking spacious properties within reach of employment and recreation. Its preserved countryside ensures ongoing desirability.
12. North Kingstown
- January 2025 Home Value: $607,993
- January 2020 Home Value: $386,152
- January 2015 Home Value: $301,785
- January 2010 Home Value: $288,822
- Change from 2020 to 2025: 57.45%
- Change from 2015 to 2025: 101.47%
- Change from 2010 to 2025: 110.51%
North Kingstown’s diverse neighborhoods doubled home values since 2010, reaching $607,993 by 2025. Combining coastal charm, historic villages like Wickford, and economic vitality from Quonset Business Park, it attracts varied demographics. The town offers everything from secluded waterfront estates to village-center convenience. Positioned along Narragansett Bay, North Kingstown continues benefiting from its unique blend of natural beauty, historic character, and practicality. Its diversity supports consistent growth.
11. Portsmouth
- January 2025 Home Value: $630,303
- January 2020 Home Value: $396,997
- January 2015 Home Value: $313,458
- January 2010 Home Value: $336,000
- Change from 2020 to 2025: 58.77%
- Change from 2015 to 2025: 101.08%
- Change from 2010 to 2025: 87.59%
Portsmouth’s island location, coastal living, and excellent schools doubled home values since 2015, reaching $630,303 by 2025. On northern Aquidneck Island, it blends spectacular water views, rural charm, and accessibility to Newport’s amenities. Prestigious private schools and recreational amenities like polo fields add to its appeal. Diverse neighborhoods offer everything from waterfront luxury to suburban practicality. Portsmouth remains desirable for affluent families seeking island charm with space and convenience.
10. Charlestown
- January 2025 Home Value: $635,437
- January 2020 Home Value: $374,032
- January 2015 Home Value: $301,886
- January 2010 Home Value: $287,441
- Change from 2020 to 2025: 69.89%
- Change from 2015 to 2025: 110.49%
- Change from 2010 to 2025: 121.07%
Charlestown’s pristine beaches and extensive conservation land drove values up 121% since 2010 to reach $635,437 by 2025. Located along Rhode Island’s southern coastline, it maintains rural coastal charm free from heavy commercialization. Ninigret National Wildlife Refuge and numerous protected habitats preserve natural beauty. The town offers privacy, uncrowded beaches, and spacious properties appealing to discerning buyers seeking authentic coastal tranquility. Charlestown remains a unique seaside escape.
9. South Kingstown
- January 2025 Home Value: $640,408
- January 2020 Home Value: $399,043
- January 2015 Home Value: $311,966
- January 2010 Home Value: $293,563
- Change from 2020 to 2025: 60.49%
- Change from 2015 to 2025: 105.28%
- Change from 2010 to 2025: 118.15%
South Kingstown’s diverse villages and coastal amenities increased home values 118% since 2010, reaching $640,408 by 2025. The town blends rural charm, vibrant college-town energy (University of Rhode Island), and beachfront exclusivity (Matunuck, Green Hill). Residents enjoy convenient access to both salt ponds and ocean beaches, creating varied lifestyles. Its expansive geography and strong community infrastructure continue attracting affluent families, retirees, and vacation homeowners alike. South Kingstown embodies versatile coastal living.
8. Middletown
- January 2025 Home Value: $692,419
- January 2020 Home Value: $420,092
- January 2015 Home Value: $323,529
- January 2010 Home Value: $337,217
- Change from 2020 to 2025: 64.83%
- Change from 2015 to 2025: 114.02%
- Change from 2010 to 2025: 105.33%
Strategically located between Newport and Portsmouth, Middletown’s values rose 105% since 2010 to reach $692,419 by 2025. Offering coastal luxury along Easton Bay and practical suburban amenities inland, Middletown provides the perfect balance on Aquidneck Island. Notable attractions include Sachuest (Second) Beach and the Norman Bird Sanctuary, enhancing natural appeal. Its central location, retail conveniences, and mix of rural and coastal character make it highly desirable. Middletown remains a top alternative to Newport’s higher prices.
7. Barrington
- January 2025 Home Value: $721,767
- January 2020 Home Value: $435,492
- January 2015 Home Value: $367,800
- January 2010 Home Value: $300,184
- Change from 2020 to 2025: 65.74%
- Change from 2015 to 2025: 96.24%
- Change from 2010 to 2025: 140.44%
Barrington’s exceptional schools and prime waterfront location drove home values up 140% since 2010, surpassing $721,767 by 2025. Positioned on a peninsula with Narragansett Bay views, Barrington consistently ranks as Rhode Island’s premier suburb. Distinguished neighborhoods like Rumstick Point offer grand estates, while the vibrant town center adds community charm. Proximity (7 miles) to Providence supports continued high demand from affluent professionals and families. Barrington remains synonymous with suburban prestige.
6. East Greenwich
- January 2025 Home Value: $731,685
- January 2020 Home Value: $442,985
- January 2015 Home Value: $381,321
- January 2010 Home Value: $372,006
- Change from 2020 to 2025: 65.17%
- Change from 2015 to 2025: 91.88%
- Change from 2010 to 2025: 96.69%
East Greenwich’s historic harbor, hillside neighborhoods, and upscale amenities increased home values 97% since 2010 to $731,685 by 2025. Offering boutique shops and dining along Main Street, this Kent County town balances small-town charm with sophistication. Desirable neighborhoods like Westwood and Frenchtown provide suburban tranquility near employment hubs. Its strategic location midway between Providence and South County beaches enhances convenience. East Greenwich continues attracting wealthy buyers seeking quality suburban living.
5. Narragansett
- January 2025 Home Value: $763,102
- January 2020 Home Value: $446,954
- January 2015 Home Value: $348,607
- January 2010 Home Value: $321,687
- Change from 2020 to 2025: 70.73%
- Change from 2015 to 2025: 118.90%
- Change from 2010 to 2025: 137.22%
Narragansett’s spectacular beaches and iconic coastal scenery more than doubled home values since 2010, reaching $763,102 by 2025. Known for pristine beaches like Narragansett Town Beach and the charming Pier area, it offers both seasonal tourism and year-round appeal. Neighborhoods range from grand oceanfront estates in Bonnet Shores to accessible properties near the University of Rhode Island. Narragansett provides quintessential seaside living with enduring popularity. Its perfect blend of natural beauty and amenities secures consistent growth.
4. Newport
- January 2025 Home Value: $828,200
- January 2020 Home Value: $520,681
- January 2015 Home Value: $386,192
- January 2010 Home Value: $387,947
- Change from 2020 to 2025: 59.06%
- Change from 2015 to 2025: 114.45%
- Change from 2010 to 2025: 113.48%
World-famous Newport, renowned for its Gilded Age mansions and sailing heritage, saw home values rise 113% since 2010, exceeding $828,200 by 2025. Blending historic architecture along Bellevue Avenue and Thames Street with vibrant cultural life, Newport attracts global interest. Despite its luxury reputation, Newport offers diverse housing from grand estates to more modest historic neighborhoods. Seasonal tourism, sailing culture, and renowned festivals sustain consistent demand. Newport remains Rhode Island’s iconic luxury destination.
3. Little Compton
- January 2025 Home Value: $907,808
- January 2020 Home Value: $525,024
- January 2015 Home Value: $437,619
- January 2010 Home Value: Not Available
- Change from 2020 to 2025: 72.91%
- Change from 2015 to 2025: 107.44%
- Change from 2010 to 2025: Not Available
Little Compton’s preserved rural coastal charm drove home values above $907,808 by 2025, up 107% since 2015. Located in Rhode Island’s southeastern corner, its strict zoning protects agricultural heritage, open landscapes, and coastal scenery. Minimal commercial development preserves exclusivity and authenticity. Buyers appreciate its peaceful isolation and picturesque farms overlooking the Atlantic Ocean. Little Compton maintains its reputation as Rhode Island’s most exclusive mainland community.
2. Jamestown
- January 2025 Home Value: $1,017,782
- January 2020 Home Value: $633,972
- January 2015 Home Value: $521,079
- January 2010 Home Value: $500,099
- Change from 2020 to 2025: 60.54%
- Change from 2015 to 2025: 95.32%
- Change from 2010 to 2025: 103.52%
Jamestown’s exclusive island location and stunning Narragansett Bay views doubled home values since 2010, surpassing $1 million by 2025. Connected via bridges to Newport and mainland Rhode Island, Jamestown balances convenience with secluded island charm. Prestigious neighborhoods like the Dumplings feature oceanfront estates, while the historic village center adds small-town charm. Its natural beauty and strategic position attract affluent professionals seeking privacy and accessibility. Jamestown remains among Rhode Island’s most desirable residential enclaves.
1. New Shoreham
- January 2025 Home Value: $1,681,755
- January 2020 Home Value: $892,787
- January 2015 Home Value: $901,225
- January 2010 Home Value: $775,723
- Change from 2020 to 2025: 88.37%
- Change from 2015 to 2025: 86.61%
- Change from 2010 to 2025: 116.80%
Block Island’s unrivaled natural beauty, conservation efforts, and limited inventory increased home values to $1.68 million by 2025, up 117% since 2010. Located offshore, nearly half the island remains undeveloped, maintaining pristine beaches, bluffs, and habitats. Scarce properties and a brief peak season intensify competition, with many transactions occurring privately. Its exclusivity, breathtaking landscapes, and authentic New England character attract wealthy buyers from across the Northeast. Block Island remains Rhode Island’s ultimate luxury real estate market.
