Comprehensive market data and analysis• Updated Dec 2025
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 4 |
Acreage buckets
The median price for land in Block Island, Rhode Island is currently $292K per acre. For a typical parcel, the median sale price is $758K. 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 $1.9M.
Block Island, Rhode Island is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Block Island, Rhode Island currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 9 active listings in Block Island, Rhode Island. The median asking price is $1.6M.
The 3-month absorption rate in Block Island, Rhode Island is 7.4%. The 12-month rate is 3.7%. 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 $4.4M in sales volume. In just the last 3 months, 2 properties changed hands.
The median land price in Block Island, Rhode Island stands at $758K. This translates to roughly $292K per acre for the typical parcel size. The average price is $1.1M, indicating some higher-priced properties pulling up the average.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
