Scituate, RI—02831
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scituate, RI
As of Oct '25, the median home price in Scituate, RI is $561,000, with a year-over-year change of 0.3%. This indicates that home prices in Scituate, RI are flat. 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 | $561,000 | 0.3% |
| Single Family | $562,000 | 0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $388,000 | -0.8% |
3 Bed | $573,000 | 0.5% |
4 Bed | $701,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Scituate, RI
Scituate, RI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Scituate, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Scituate, RI is 46. This is a decrease of -29.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $940,000 | 2.0% |
Listing Count | 14 | -33.0% |
| Listings as % of Homes | 1.0% | -33.0% |
Days on Market | 46 | -29.0% |
Demographics — Scituate, RI
As of the latest ACS Survey released in 2023, Scituate, RI has a population of 3,660, which has increased by 4.7% over the past 5 years. Scituate, RI is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 32.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,660 | 4.7% |
% Under 18 | 23.2% | -0.4% |
% Seniors | 20.6% | 28.7% |
% WFH | 4.9% | 32.4% |
% w/ College Degree | 32.0% | -14.2% |
As of the latest ACS Survey released in 2023, Scituate, RI is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Scituate, RI is hispanic, making up 1.6% of the population. Foreign-born residents account for 3.4% of the population in Scituate, RI, and this percentage has decreased by 33.3% 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 | 96.9% | 1.8% |
% Black | 0.0% | N/A |
% Hispanic | 1.6% | -40.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.4% | -33.3% |
Mortgage and Risk — Scituate, RI
According to HUD data as of 2023, there were 106 mortgage originations in Scituate, RI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Scituate, RI. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 106 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Scituate, RI
Scituate, RI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,790 |
| 2 Bedroom | N/A | N/A | $2,190 |
| 3 Bedroom | N/A | N/A | $2,640 |
| 4 Bedroom | N/A | N/A | $3,200 |
Affordability — Scituate, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $561,000 |
| Median Household Income | $135,000 |