Real Estate Market Update for Woonsocket, RI
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 21% from one year earlier, and up 7% 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 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 130-thousand dollars. The number of units sold increased 5% year-over-year, and decreased 12% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
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Map Information for Woonsocket, RI
Area Information for Woonsocket, RI
  • Population: 41,271
  • Median Age: 35.9 yr
  • Median Commute Time: 19.48 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 5,333/sq mi
  • Population Change Since 2000: -4.46%
  • Closest Airport: Theodore Francis Green State
  • Closest College: Bryant University
  • Closest Jr. College: Lincoln Technical Institute
  • Median Household Income: $39,146
  • Annual Residential Turnover: 23.7%
  • Median Years in Residence: 2.86 yr
  • Median Home Sales Price: $110,000
  • Closest Major Sports Team: New England Revolution
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Woonsocket, RI
Median Age: 35.9 Married: 26% Number of Households: 17,387 Households with Children: 5,653
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 Woonsocket, RI

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Woonsocket High School 0.1 mi Public 9-12 1 3
      Action Based Enterprise 0.2 mi Private 2-8 0 0
      Woonsocket Area Career And Technical Center 0.3 mi Public 10-12 0 5
      Good Shepherd Catholic School 0.4 mi Catholic 3-8 0 4
      Leo A Savoie School 0.4 mi Public K-5 1 5
      Governor Aram J Pothier School 0.4 mi Public PRESCHOOL-2 0 0
      Citizens Memorial School 0.5 mi Public 3-5 1 3
      Woonsocket Middle School 0.7 mi Public 6-8 1 2
      Hamlet Learning Center 1.0 mi Private PRESCHOOL-K 0 0
      Mount St Charles Academy 1.1 mi Catholic 7-12 0 4
      Bernon Heights School 1.2 mi Public K-5 2 3
      Greater Woonsocket Catholic Regional School 1.3 mi Catholic PRESCHOOL-8 0 5
      Beacon Charter School 1.4 mi Public 9-12 4-5 5
      Hillside Alternative Program 1.4 mi Private 8-12 0 0
      Harris School 1.5 mi Public K-5 1 3
      Kevin K Coleman Elementary School 2.1 mi Public K-5 1 3
      Our Lady Of Victories School 2.1 mi Catholic K-3 0 0
      Msgr Gadoury Primary School 2.1 mi Catholic PRESCHOOL-2 0 4
      Fifth Avenue School 2.2 mi Public K-2 0 0
      Globe Park School 2.3 mi Public K-5 2-5 4
      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 © 2015
      Local Weather for Woonsocket, RI
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.