Comprehensive market data and analysis• Updated Dec 2025
11.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 6 | 9 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 8 | 13 |
Acreage buckets
The median price for land in Westerly, Rhode Island is currently $746K per acre. For a typical parcel, the median sale price is $545K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $111K while premium lots reached $1.0M.
Westerly, Rhode Island is currently a buyer's market with 11.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Westerly, Rhode Island currently has 11.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Westerly, Rhode Island is 9.1%. The 12-month rate is 11.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Westerly, Rhode Island averages $1.2M per acre. The median price per acre is $746K, which may be more representative of typical transactions. Most parcels sold are around 20,909 sq ft.
There are currently 11 active listings in Westerly, Rhode Island. 5 new listings have hit the market in the last 90 days. The median asking price is $650K.
The median land price in Westerly, Rhode Island stands at $545K. This translates to roughly $746K per acre for the typical parcel size. The average price is $550K, 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.
