Market Overview
Home Prices in Little Compton, RI
The median home value in Little Compton, RI is $988,954 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Little Compton are priced141% above average. Little Compton is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, Little Compton home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Little Compton Home Price Trend
City Comparison
Little Compton vs. National Median
At $988,954, homes in Little Compton cost 141% above the national median of $410,000. Buyers in Little Compton should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Little Compton?
20% Down Payment
$197,791
on $988,954
Monthly P&I
$5,158/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,551/mo
incl. taxes & insurance
Income Needed
$262,040
gross annual (30% rule)
10% Down Option
$98,895
+ PMI applies
Loan Amount (20% dn)
$791,163
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 Little Compton, RI?
The median home value in Little Compton is $988,954 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Little Compton?
Over the past year, home values in Little Compton have increased by 3%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Little Compton?
To comfortably afford the median home price of $988,954 with a 20% down payment ($197,791) at today's rates (6.8%), you'd need a gross annual income of approximately $262,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Little Compton compare to the national average home price?
The national median home value is approximately $410,000. At $988,954, homes in Little Compton are 141% above the national average.
What metro area is Little Compton part of?
Little Compton is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.