Bristol, RI—02809
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bristol, RI
As of Oct '25, the median home price in Bristol, RI is $586,000, with a year-over-year change of -0.6%. This indicates that home prices in Bristol, RI are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $586,000 | -0.6% |
| Single Family | $588,000 | -1.0% |
| Condos | $569,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $436,000 | 1.2% |
2 Bed | $499,000 | 0.4% |
3 Bed | $584,000 | -1.2% |
4 Bed | $698,000 | -1.1% |
| 5 Bed | $821,000 | -0.8% |
% of Housing Stock
Rental Trends — Bristol, RI
As of July '25, Rentcast reports the average rent in Bristol, RI is $2,610, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Bristol, RI is studios: $1,000, 1-bedrooms: $1,920, 2-bedrooms: $2,250, 3-bedrooms: $3,430, 4-bedrooms: $3,250. The most common rental property sizes in Bristol, RI are 2-bedroom and 1-bedroom, accounting for 53.5% and 19.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,610 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | $1,650 | $1,920 |
| 2 Bed Rent | $2,100 | $2,250 |
| 3 Bed Rent | $2,850 | $3,430 |
| 4 Bed Rent | $2,980 | $3,250 |
% of Rental Stock
Property Listings — Bristol, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Bristol, RI is 44. This is a increase of 53.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $875,000 | 4.0% |
Listing Count | 49 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 44 | 53.0% |
Demographics — Bristol, RI
As of the latest ACS Survey released in 2023, Bristol, RI has a population of 22,300, which has remained stable by 0.3% over the past 5 years. Bristol, RI is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,300 | 0.3% |
% Under 18 | 13.3% | -7.6% |
% Seniors | 22.0% | 6.8% |
% WFH | 9.1% | 68.5% |
% w/ College Degree | 45.9% | 21.1% |
As of the latest ACS Survey released in 2023, Bristol, RI is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Bristol, RI is hispanic, making up 2.9% of the population. Foreign-born residents account for 9.9% of the population in Bristol, RI, and this percentage has decreased by 10.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.7% | -1.1% |
% Black | 1.3% | -48.0% |
% Hispanic | 2.9% | -17.1% |
% Asian | 1.3% | -27.8% |
% Foreign Born | 9.9% | -10.8% |
Mortgage and Risk — Bristol, RI
According to HUD data as of 2023, there were 365 mortgage originations in Bristol, RI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Bristol, RI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 365 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bristol, RI
As of 2024, the percent of homes in Bristol, RI under the Section 8 program is 11.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bristol, RI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 575 |
Total Units Section 8 | 285 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,650 | $1,430 |
| 2 Bedroom | -$350 | $2,100 | $1,750 |
| 3 Bedroom | -$740 | $2,850 | $2,110 |
| 4 Bedroom | -$420 | $2,980 | $2,560 |
Affordability — Bristol, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $586,000 |
| Median Household Income | $96,000 |