Market Overview
Home Prices in Warwick, MA
The median home value in Warwick, MA is $345,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and up 8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Warwick are priced16% below average. Warwick is part of the Springfield, MA metro area.
Over the past five years, Warwick home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Warwick Home Price Trend
City Comparison
Warwick vs. National Median
At $345,150, homes in Warwick cost 16% below the national median of $410,000. This makes Warwick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Warwick?
20% Down Payment
$69,030
on $345,150
Monthly P&I
$1,800/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,286/mo
incl. taxes & insurance
Income Needed
$91,440
gross annual (30% rule)
10% Down Option
$34,515
+ PMI applies
Loan Amount (20% dn)
$276,120
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Warwick, MA?
The median home value in Warwick is $345,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Warwick?
Over the past year, home values in Warwick have decreased by 2.3%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Warwick?
To comfortably afford the median home price of $345,150 with a 20% down payment ($69,030) at today's rates (6.8%), you'd need a gross annual income of approximately $91,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Warwick compare to the national average home price?
The national median home value is approximately $410,000. At $345,150, homes in Warwick are 16% below the national average.
What metro area is Warwick part of?
Warwick is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.