South Kingstown, RI 02881 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

South Kingstown, RI—02881

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$665,000

4.6% YoY Growth

Household Income

N/A

Days on Market

63.0% Longer YoY

Home Price Forecast

3.4%

Median Rent

$950

73.6% YoY Growth

1-Bed Rent

$950

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in South Kingstown, RI

02879

Home Price Trends — South Kingstown, RI

As of Dec '25, the median home price in South Kingstown, RI is $665,000, with a year-over-year change of 4.6%. This indicates that home prices in South Kingstown, RI are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$665,000	4.6%
Single Family	$667,000	4.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — South Kingstown, RI

As of July '25, Rentcast reports the average rent in South Kingstown, RI is $950, with a year-over-year rent change of -73.6%. Per bedroom, the median rent as of July '25 in South Kingstown, RI is 1-bedrooms: $950. The most common rental property sizes in South Kingstown, RI are 2-bedroom and 3-bedroom, accounting for 42.7% and 21.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$950
Studio Rent	N/A	N/A
1 Bed Rent	$950	$950
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

15.4%

1 Bedroom

18.5%

2 Bedrooms

42.7%

3 Bedrooms

21.9%

4 Bedrooms

1.5%

Property Listings — South Kingstown, RI

As of Dec '25, Realtor.com reports that the median days on market for a home in South Kingstown, RI is 58. This is a increase of 3.0% 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	$721,000	7.0%
Listing Count	6	6.0%
Listings as % of Homes	0.2%	6.0%
Days on Market	82	63.0%

Loading chart...

Demographics — South Kingstown, RI

As of the latest ACS Survey released in 2023, South Kingstown, RI has a population of 7,180, which has decreased by -8.3% over the past 5 years. South Kingstown, RI is a less popular place for families, as children make up 3.4% of the population. The area has a highly educated workforce, with 82.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,180	-8.3%
% Under 18	3.4%	-49.3%
% Seniors	5.0%	-15.3%
% WFH	8.6%	65.4%
% w/ College Degree	82.7%	19.3%

Loading chart...

As of the latest ACS Survey released in 2023, South Kingstown, RI is a predominantly white area, with 73.0% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in South Kingstown, RI is asian, making up 10.4% of the population. Foreign-born residents account for 11.8% of the population in South Kingstown, RI, and this percentage has increased by 24.2% 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	73.0%	-5.6%
% Black	5.6%	7.7%
% Hispanic	7.8%	-22.8%
% Asian	10.4%	62.5%
% Foreign Born	11.8%	24.2%

Loading chart...

Mortgage and Risk — South Kingstown, RI

According to HUD data as of 2023, there were 4 mortgage originations in South Kingstown, RI, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in South Kingstown, RI. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	4
% Conventional Loans	100.0%
% Government Loans	0.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

Loading chart...

Rentals and Section 8 — South Kingstown, RI

South Kingstown, RI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	2.0%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$590	$950	$1,540
2 Bedroom	N/A	N/A	$1,880
3 Bedroom	N/A	N/A	$2,270
4 Bedroom	N/A	N/A	$2,750

South Kingstown, RI—02881

Key Metrics at a Glance

Other Zip Codes in South Kingstown, RI

Home Price Trends — South Kingstown, RI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Kingstown, RI

% of Rental Stock

Property Listings — South Kingstown, RI

Demographics — South Kingstown, RI

Race and Ethnicity

Mortgage and Risk — South Kingstown, RI

Mortgages

Rentals and Section 8 — South Kingstown, RI

Section 8 Market Size

Section 8 Opportunity

Affordability — South Kingstown, RI

Home Price to Income Ratio

South Kingstown, RI — ZIP Code Boundary Map

Nearby ZIP Codes