Manville, RI—02838
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manville, RI
As of Oct '25, the median home price in Manville, RI is $428,000, with a year-over-year change of 3.3%. This indicates that home prices in Manville, RI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | 3.3% |
| Single Family | $463,000 | 2.2% |
| Condos | $271,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | 2.4% |
3 Bed | $465,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,850 | $1,980 |
| 3 Bed Rent | $2,200 | $2,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Manville, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Manville, RI is 44. This is a increase of 2.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | 36.0% |
Listing Count | 6 | -29.0% |
| Listings as % of Homes | 0.2% | -29.0% |
Days on Market | 44 | 2.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,010 | 13.9% |
% Under 18 | 25.5% | 1.6% |
% Seniors | 17.2% | -0.6% |
% WFH | 16.4% | 1,950.0% |
% w/ College Degree | 48.5% | 103.8% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,340 |
| 2 Bedroom | -$210 | $1,850 | $1,640 |
| 3 Bedroom | -$220 | $2,200 | $1,980 |
| 4 Bedroom | N/A | N/A | $2,400 |
Affordability — Manville, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $428,000 |
| Median Household Income | $82,100 |