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USARhode IslandRichmond

Richmond, Rhode Island Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$160K
Market Condition
Balanced Market

Richmond, Rhode Island Market Meter

Buyer'sSeller's
Balanced Market

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$160K
Avg Price/Acre
$195K
Avg Days on Market
224
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres---112
1-2 acres------
2-5 acres------
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL000112
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres1 sold / 0 listed

Median Price by Acreage

$0$80K$160K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$160K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
224
Time to sell
Price Trend (YoY)
-
Year over year

Richmond, Rhode Island Land Market Analysis

How much is land worth in Richmond, Rhode Island?

The median price for land in Richmond, Rhode Island is currently $195K per acre. For a typical parcel, the median sale price is $160K. Recently, the cheapest land sold for $160K while premium lots reached $160K.

What is the absorption rate for land in Richmond, Rhode Island?

The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Richmond, Rhode Island?

Land in Richmond, Rhode Island averages $195K per acre. The median price per acre is $195K, which may be more representative of typical transactions. Most parcels sold are around 35,719 sq ft.

What is the median land price in Richmond, Rhode Island?

The median land price in Richmond, Rhode Island stands at $160K. This translates to roughly $195K per acre for the typical parcel size.

How long does it take to sell land in Richmond, Rhode Island?

Land in Richmond, Rhode Island typically sells within 224 days of listing. The median time on market is 224 days. Properties are moving slowly.

What is the total amount sold in Richmond, Rhode Island last year?

Over the past 12 months, Richmond, Rhode Island saw 1 properties sold, totaling $160K in sales volume.

Is now a good time to invest in land in Richmond, Rhode Island?

The top-performing broker in this market is Slocum.

Data Sources & Accuracy

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.

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Rhode Island Counties

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