Real Estate Market Update for Cranston, RI
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 18% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold decreased 22% year-over-year, and increased 16% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Cranston, RI
Area Information for Cranston, RI
  • Population: 80,459
  • Median Age: 40.17 yr
  • Median Commute Time: 16.97 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 2,839/sq mi
  • Population Change Since 2000: 1.49%
  • Closest Airport: Theodore Francis Green State
  • Closest College: New England Institute Of Technology
  • Closest Jr. College: Sanford-brown Institution
  • Median Household Income: $59,249
  • Annual Residential Turnover: 16.07%
  • Median Years in Residence: 4.41 yr
  • Median Home Sales Price: $155,000
  • Closest Major Sports Team: New England Revolution
  • Change Avg. Household Income Since 2000: 34%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Cranston, RI
Median Age: 40.17 Married: 33% Number of Households: 31,599 Households with Children: 9,755
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cranston, RI

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Woodridge School 0.6 mi Public K-6 4-5 4
      George J. Peters School 0.6 mi Public PRESCHOOL-6 2 4
      Hugh B. Bain Middle School 0.7 mi Public 7-8 2-5 3
      St. Mary Elementary School 0.7 mi Catholic PRESCHOOL-8 0 4
      Wonderland Early Learning Center 0.8 mi Private PRESCHOOL-K 0 0
      Eden Park School 0.9 mi Public K-6 3 4
      Stadium School 0.9 mi Public K-6 3 3
      Western Hills Middle School 0.9 mi Public 7-8 4 2
      Cornerstone School 1.0 mi Private PRESCHOOL-K 0 4
      Arlington School 1.1 mi Public K-6 2 4
      Cranston Area Career Technical Center 1.1 mi Public 9-12 0 0
      Cranston High School West 1.1 mi Public 9-12 3 3
      Cranston High School East 1.2 mi Public 9-12 2-5 2
      Valley Community School 1.2 mi Private K-12 0 0
      Stone Hill School 1.3 mi Public PRESCHOOL-6 4 4
      Garden City School 1.3 mi Public PRESCHOOL-6 3 4
      Daniel D. Waterman School 1.4 mi Public K-6 3-5 4
      Gladstone Street School 1.5 mi Public K-6 1 2
      William R. Dutemple School 1.5 mi Public K-6 3 4
      Glen Hills School 1.6 mi Public PRESCHOOL-6 3 5
      Reservoir Avenue School 1.9 mi Public K-5 2 4
      Dr. Jorge Alvarez High School 1.9 mi Public 9-12 0 5
      Learning Brooke Ece Center 2.0 mi Private PRESCHOOL-K 0 0
      St. Matthew School 2.0 mi Catholic PRESCHOOL-8 0 4
      Elmwood Community School 2.1 mi Private 7-8 0 0
      Immaculate Conception Catholic Regional School 2.1 mi Catholic PRESCHOOL-8 0 0
      Dcyf Alternative Education Program 2.1 mi Public 7-12 0 0
      Beautiful Beginnings Child Care Center 2.1 mi Private PRESCHOOL-K 0 0
      Paul Cuffee High School 2.2 mi Public 9-12 0 0
      Nfi/ace Program 2.3 mi Public 8-12 0 0
      Leviton Annex Elementary School 2.3 mi Public K-5 1 3
      Charles Fortes Annex 2.3 mi Public PRESCHOOL-1 0 0
      Lillian Feinstein Elementary, Sackett Street 2.3 mi Public K-5 0 3
      Charles N. Fortes Elementary School 2.4 mi Public PRESCHOOL-1 0 4
      Park View Middle School 2.4 mi Public 7-8 3 4
      Alfred Lima, Sr Elementary School 2.4 mi Public 2-5 0 5
      Gilbert Stuart Middle School 2.5 mi Public 6-8 0 4
      Oak Lawn School 2.6 mi Public K-6 3-5 0
      Highlander Charter School 2.6 mi Public PRESCHOOL-12 2 4
      Nel/cps Construction Career Academy 2.6 mi Public 9-12 1 4
      The Tides School 2.7 mi Private 9-12 0 0
      Chester W. Barrows School 2.8 mi Public K-5 2-5 5
      Charlotte Woods Elementary School 2.8 mi Public PRESCHOOL-5 0 3
      Bishop Mcvinney Elementary School 2.8 mi Catholic PRESCHOOL-8 0 4
      Roger Williams Middle School 2.8 mi Public 6-8 0 2
      Robert L Bailey Iv, Elementary School 2.8 mi Public PRESCHOOL-5 0 3
      Mary E. Fogarty Elementary School 3.0 mi Public K-5 0 4
      Alan Shawn Feinstein Elementary At Broad Street 3.0 mi Public K-5 1 4
      Hope Highlands Elementary School 3.0 mi Public K-6 4-5 5
      Trinity Academy For The Performing Arts 3.0 mi Public 7-7 0 0
      Roger Williams Daycare Center 3.1 mi Private PRESCHOOL-K 0 0
      Providence Academy Of International Studies 3.1 mi Public 9-12 0 2
      William B. Cooley Senior High School/health And Sc 3.1 mi Public 9-12 1 3
      Metropolitan Regional Career And Technical Center 3.1 mi Public 9-12 1 4
      St. Paul School 3.1 mi Catholic PRESCHOOL-8 0 3
      Community Preparatory School 3.1 mi Private 3-8 0 4
      Play And Learn Preschool 3.2 mi Private PRESCHOOL-K 0 0
      Meeting Street School 3.2 mi Private PRESCHOOL-12 0 3
      Edgewood Highland School 3.3 mi Public K-6 1 4
      Edward S. Rhodes School 3.3 mi Public K-6 3 5
      Orchard Farms Elementary School 3.5 mi Public K-6 4-5 5
      Alpine Preschool/daycare 4.3 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Cranston, RI
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.