Cranston, RI Housing Market
The Cranston housing market is very competitive. Homes in Cranston receive 3 offers on average and sell in around 18 days. The median sale price of a home in Cranston was $430K last month, up 6.8% since last year. The median sale price per square foot in Cranston is $242, up 7.1% since last year.
Cranston Housing Market Trends
In April 2024, Cranston home prices were up 6.8% compared to last year, selling for a median price of $430K. On average, homes in Cranston sell after 18 days on the market compared to 22 days last year. There were 65 homes sold in April this year, down from 68 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cranston housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 14 days.
- Hot homescan sell for about 8% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 6% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 6% above list price and go pending in around 7 days.
Cranston Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Cranston from outside metros.
- New York homebuyers searched to move into Cranston more than any other metro followed by Hartford and San Francisco.
- 82% of Cranston homebuyers searched to stay within the Cranston metropolitan area.
- Portland was the most popular destination among Cranston homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Cranston
Recent offers
- Winning Offer|10 Weeks Ago~$350K Offer2 bd | 2 ba | ~1,500 sqftUnder List Price2%Days on Market29Competing Offers0Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$500K OfferSold for $500K3 bd | 2 ba | ~1,750 sqftOver List Price3%Days on Market6Competing Offers3Down Payment—
View houses in Cranston that sold recently
Recently sold homes
- $625,000 Last Sold Price3 beds2.5 baths2,475 sq ft331 Hope Rd, Cranston, RI 02921List Price$639,900Sale to List2% under listDays on Market86 days331 Hope Rd, Cranston, RI 02921
- $270,000 Last Sold Price2 beds1 bath860 sq ft22 Appleton St, Cranston, RI 02910List Price$270,000Sale to List0% over listDays on Market92 days22 Appleton St, Cranston, RI 02910
- $850,000 Last Sold Price4 beds3 baths3,387 sq ft1391 Narragansett Blvd, Cranston, RI 02905List Price$799,000Sale to List6% over listDays on Market38 days1391 Narragansett Blvd, Cranston, RI 02905
- $410,000 Last Sold Price3 beds2 baths1,604 sq ft15 School St, Johnston, RI 02919List Price$411,900Sale to List0% under listDays on Market57 days15 School St, Johnston, RI 02919
- $501,000 Last Sold Price5 beds2 baths2,212 sq ft45 47 Burrows St, Providence, RI 02907List Price$399,900Sale to List25% over listDays on Market55 days45 47 Burrows St, Providence, RI 02907
- $1,100,000 Last Sold Price4 beds2.5 baths2,592 sq ft115 Ocean Ave, Cranston, RI 02905List Price$1,199,900Sale to List8% under listDays on Market38 days115 Ocean Ave, Cranston, RI 02905
- $925,000 Last Sold Price5 beds3.5 baths3,942 sq ft39 Bluebird Ln, Cranston, RI 02921List Price$850,000Sale to List9% over listDays on Market78 days39 Bluebird Ln, Cranston, RI 02921
- $540,000 Last Sold Price3 beds2 baths1,747 sq ft70 Long Ct, Cranston, RI 02920List Price$515,000Sale to List5% over listDays on Market57 days70 Long Ct, Cranston, RI 02920
See all recently sold homes in Cranston.
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Schools in Cranston
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Stadium School Public • PreK-5 | 258 Students | 4 reviews |
7/10 Edward S. Rhodes School Public • K-5 | 281 Students | 9 reviews |
7/10 Stone Hill School Public • PreK-5 | 288 Students | 10 reviews |
7/10 Woodridge School Public • K-5 | 268 Students | 3 reviews |
6/10 Oak Lawn School Public • K-5 | 257 Students | 2 reviews |
Climate's impact on Cranston housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cranston.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Cranston
Walk Score®
Transit Score®
Bike Score®
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