Real Estate Market Update for Woonsocket, RI
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 12% from one year earlier, and down 25% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 33%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 190-thousand dollars. The number of units sold decreased 39% year-over-year, and decreased 26% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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: 41,195
  • Median Age: 38.85 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 5,321/sq mi
  • Population Change Since 2000: -4.65%
  • Closest Airport: Theodore Francis Green State
  • Closest College: Bryant University
  • Closest Jr. College: Sanford-brown Institution
  • Median Household Income: $38,306
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $213,750
  • Closest Major Sports Team: Pawtucket Red Sox (aaa)
  • Change Avg. Household Income Since 2000: 35.17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Woonsocket, RI
Median Age: 38.85 Married: 32% Number of Households: 17,062 Households with Children: 4,609
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 School Rating Parent Rating
      Woonsocket Middle School At Hamlet 0.1 mi Public 6-8 1 0
      Hamlet Learning Center 0.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Woonsocket Middle School At Villa Nova 0.2 mi Public 6-8 1 0
      Rise Prep Mayoral Academy 0.3 mi Public K-K 5 0
      Founders Academy 0.5 mi Public 6-8 2 0
      Beacon Charter School 0.5 mi Public 9-12 3 0
      Governor Aram J Pothier School 0.6 mi Public PRESCHOOL-2 0 0
      Hillside Alternative Program 0.6 mi Private 8-12 0 0
      Mount St Charles Academy 0.6 mi Catholic 6-12 0 0
      Bernon Heights School 0.7 mi Public K-5 0 0
      Citizens Memorial School 0.7 mi Public 3-5 0 0
      Harris School 0.7 mi Public K-5 0 0
      Woonsocket High School 0.9 mi Public 9-12 2 0
      Woonsocket Career An Tech Center 0.9 mi Public 9-12 0 0
      Good Shepherd Catholic School 1.2 mi Catholic 3-8 0 0
      Greater Woonsocket Catholic Regional School System 1.2 mi Catholic PRESCHOOL-8 0 0
      Leo A. Savoie School 1.2 mi Public K-5 1 0
      Kevin K. Coleman School 1.3 mi Public K-5 0 0
      Monsignor Gadoury Primary School 1.5 mi Catholic PRESCHOOL-2 0 0
      Globe Park School 1.5 mi Public K-5 1 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.
      Local Weather for Woonsocket, RI
        Data powered by Attom Data Solutions. Copyright© 2020. Information 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.