Tiverton, RI—02878
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tiverton, RI
As of Oct '25, the median home price in Tiverton, RI is $535,000, with a year-over-year change of 5.0%. This indicates that home prices in Tiverton, RI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $535,000 | 5.0% |
| Single Family | $533,000 | 4.9% |
| Condos | $660,000 | 8.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $378,000 | -0.3% |
2 Bed | $444,000 | 3.5% |
3 Bed | $542,000 | 4.6% |
4 Bed | $736,000 | 7.9% |
| 5 Bed | $1,058,000 | 11.4% |
% of Housing Stock
Rental Trends — Tiverton, RI
As of July '25, Rentcast reports the average rent in Tiverton, RI is $3,280, with a year-over-year rent change of 36.7%. Per bedroom, the median rent as of July '25 in Tiverton, RI is 1-bedrooms: $1,500, 2-bedrooms: $2,850, 3-bedrooms: $3,900, 4-bedrooms: $5,450. The most common rental property sizes in Tiverton, RI are 2-bedroom and 1-bedroom, accounting for 40.6% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $2,500 | $2,850 |
| 3 Bed Rent | $3,900 | $3,900 |
| 4 Bed Rent | $3,400 | $5,450 |
% of Rental Stock
Property Listings — Tiverton, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Tiverton, RI is 45. This is a increase of 50.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $849,000 | 42.0% |
Listing Count | 62 | -22.0% |
| Listings as % of Homes | 0.6% | -22.0% |
Days on Market | 45 | 50.0% |
Demographics — Tiverton, RI
As of the latest ACS Survey released in 2023, Tiverton, RI has a population of 16,300, which has increased by 2.8% over the past 5 years. Tiverton, RI is a less popular place for families, as children make up 14.7% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | 2.8% |
% Under 18 | 14.7% | -14.5% |
% Seniors | 25.1% | 3.7% |
% WFH | 11.4% | 280.0% |
% w/ College Degree | 40.1% | 20.8% |
As of the latest ACS Survey released in 2023, Tiverton, RI is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Tiverton, RI is hispanic, making up 3.6% of the population. Foreign-born residents account for 6.8% of the population in Tiverton, RI, and this percentage has increased by 33.3% 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 | 90.9% | -4.2% |
% Black | 1.6% | 100.0% |
% Hispanic | 3.6% | 44.0% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 6.8% | 33.3% |
Mortgage and Risk — Tiverton, RI
According to HUD data as of 2023, there were 319 mortgage originations in Tiverton, RI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Tiverton, RI. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Tiverton, RI
As of 2024, the percent of homes in Tiverton, RI under the Section 8 program is 7.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Tiverton, RI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 214 |
Total Units Section 8 | 119 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,500 | $1,560 |
| 2 Bedroom | -$450 | $2,500 | $2,050 |
| 3 Bedroom | -$1,200 | $3,900 | $2,700 |
| 4 Bedroom | -$160 | $3,400 | $3,240 |
Affordability — Tiverton, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $535,000 |
| Median Household Income | $99,500 |