Comprehensive market data and analysis• Updated Dec 2025
6.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 9 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | 2 | 2 | 2 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 7 | 15 |
Acreage buckets
The median price for land in Cranston, Rhode Island is currently $318K per acre. For a typical parcel, the median sale price is $305K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $148K while premium lots reached $581K.
Cranston, Rhode Island is currently a balanced market with 6.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 131.5% year-over-year.
Cranston, Rhode Island currently has 6.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 9 active listings in Cranston, Rhode Island. 6 new listings have hit the market in the last 90 days. The median asking price is $220K.
Land in Cranston, Rhode Island averages $904K per acre. The median price per acre is $318K, which may be more representative of typical transactions. Most parcels sold are around 41,818 sq ft.
The 3-month absorption rate in Cranston, Rhode Island is 14.8%. The 12-month rate is 13.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Cranston, Rhode Island typically sells within 15 days of listing. The median time on market is 14 days. Properties are moving quickly in the current balanced market.
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.
