Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 4 |
Acreage buckets
The median price for land in Block Island, Rhode Island is currently $1.6M per acre. For a typical parcel, the median sale price is $725K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $615K while premium lots reached $2.5M.
There are currently 10 active listings in Block Island, Rhode Island. 3 new listings have hit the market in the last 90 days. The median asking price is $1.4M.
The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Block Island, Rhode Island saw 4 properties sold, totaling $5.3M in sales volume.
The median land price in Block Island, Rhode Island stands at $725K. This translates to roughly $1.6M per acre for the typical parcel size. The average price is $1.3M, indicating some higher-priced properties pulling up the average.
Land in Block Island, Rhode Island typically sells within 89 days of listing. The median time on market is 38 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is Sullivan Sotheby's Intl.Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Block Island on LandyDandy.
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