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Manville, RI—02838

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$423,000
2.8% YoY Growth
Household Income
$82,100
35.2% YoY Growth
Days on Market
8
22.0% Shorter YoY
Home Price Forecast
2.9%
Median Rent
$2,100
12.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,850
30.3% YoY Growth
3-Bed Rent
$2,200
17.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Manville, RI

As of Dec '25, the median home price in Manville, RI is $423,000, with a year-over-year change of 2.8%. This indicates that home prices in Manville, RI are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$423,0002.8%
Single Family $456,0001.8%
Condos $266,0003.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $294,0002.4%
    3 Bed
    $456,0002.2%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    6.5%
    2 Bedrooms
    48.5%
    3 Bedrooms
    28.5%
    4 Bedrooms
    8.1%
    5+ Bedrooms
    7.1%

    Rental Trends — Manville, RI

    As of July '25, Rentcast reports the average rent in Manville, RI is $2,210, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Manville, RI is 2-bedrooms: $1,980, 3-bedrooms: $2,320. The most common rental property sizes in Manville, RI are 2-bedroom and 3-bedroom, accounting for 40.7% and 33.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,100$2,210
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,850$1,980
    3 Bed Rent $2,200$2,320
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.9%
    1 Bedroom
    13.4%
    2 Bedrooms
    40.7%
    3 Bedrooms
    33.4%
    5+ Bedrooms
    9.7%

    Property Listings — Manville, RI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Manville, RI is 46. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $450,000-1.0%
    Listing Count
    2-35.0%
    Listings as % of Homes0.2%-35.0%
    Days on Market
    8-22.0%
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    Demographics — Manville, RI

    As of the latest ACS Survey released in 2023, Manville, RI has a population of 4,010, which has increased by 13.9% over the past 5 years. Manville, RI is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    4,01013.9%
    % Under 18
    25.5%1.6%
    % Seniors
    17.2%-0.6%
    % WFH
    16.4%1,950.0%
    % w/ College Degree
    48.5%103.8%
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    As of the latest ACS Survey released in 2023, Manville, RI is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Manville, RI is asian, making up 2.1% of the population. Foreign-born residents account for 4.7% of the population in Manville, RI, and this percentage has increased by 235.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    83.0%-13.9%
    % Black
    0.0%-100.0%
    % Hispanic
    0.8%166.7%
    % Asian
    2.1%∞%
    % Foreign Born
    4.7%235.7%
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    Mortgage and Risk — Manville, RI

    According to HUD data as of 2023, there were 125 mortgage originations in Manville, RI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Manville, RI. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    125
    % Conventional Loans
    84.0%
    % Government Loans
    16.0%
    % Investor Loans
    3.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    10.0%
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    Rentals and Section 8 — Manville, RI

    Manville, RI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    205
    Total Units Section 8
    153
    % Rentals under Section 8
    23.4%
    % Occupied Section 8
    88.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,340
    2 Bedroom-$210$1,850$1,640
    3 Bedroom-$220$2,200$1,980
    4 BedroomN/AN/A$2,400

    Affordability — Manville, RI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$423,000
    Median Household Income$82,100

    Manville, RI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Albion

    02802

    Woonsocket, RI

    02895

    Cumberland, RI

    02864

    Lincoln, RI

    02865

    North Smithfield, RI

    02896

    Frequently Asked Questions