Market Overview
Home Prices in Glocester, RI
The median home value in Glocester, RI is $513,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Glocester are priced25% above average. Glocester is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, Glocester home values have risen by approximately32.4%, reflecting strong long-term appreciation in this market.
Price History
Glocester Home Price Trend
City Comparison
Glocester vs. National Median
At $513,474, homes in Glocester cost 25% above the national median of $410,000. Buyers in Glocester should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Glocester?
20% Down Payment
$102,695
on $513,474
Monthly P&I
$2,678/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,401/mo
incl. taxes & insurance
Income Needed
$136,040
gross annual (30% rule)
10% Down Option
$51,347
+ PMI applies
Loan Amount (20% dn)
$410,779
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 Glocester, RI?
The median home value in Glocester is $513,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Glocester?
Over the past year, home values in Glocester have increased by 2.5%. Over five years, prices have risen approximately 32.4%.
How much do I need to earn to buy a home in Glocester?
To comfortably afford the median home price of $513,474 with a 20% down payment ($102,695) at today's rates (6.8%), you'd need a gross annual income of approximately $136,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Glocester compare to the national average home price?
The national median home value is approximately $410,000. At $513,474, homes in Glocester are 25% above the national average.
What metro area is Glocester part of?
Glocester is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.