Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 6 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 6 |
Acreage buckets
The median price for land in Narragansett, Rhode Island is currently $2.3M per acre. For a typical parcel, the median sale price is $658K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $243K while premium lots reached $835K.
Over the past 12 months, Narragansett, Rhode Island saw 6 properties sold, totaling $3.5M in sales volume.
Land in Narragansett, Rhode Island typically sells within 183 days of listing. The median time on market is 75 days. Properties are moving slowly in the current strong buyer's market.
There are currently 9 active listings in Narragansett, Rhode Island. 4 new listings have hit the market in the last 90 days. The median asking price is $600K.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Narragansett, Rhode Island averages $5.8M per acre. The median price per acre is $2.3M, which may be more representative of typical transactions. Most parcels sold are around 12,415 sq ft.
The median land price in Narragansett, Rhode Island stands at $658K. This translates to roughly $2.3M per acre for the typical parcel size. The average price is $578K, showing a fairly consistent 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.
