Market Overview
Home Prices in New Shoreham, RI
The median home value in New Shoreham, RI is $1,839,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 14.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Shoreham are priced349% above average. New Shoreham is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, New Shoreham home values have risen by approximately59.0%, reflecting strong long-term appreciation in this market.
Price History
New Shoreham Home Price Trend
City Comparison
New Shoreham vs. National Median
At $1,839,323, homes in New Shoreham cost 349% above the national median of $410,000. Buyers in New Shoreham should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in New Shoreham?
20% Down Payment
$367,865
on $1,839,323
Monthly P&I
$9,593/mo
30-yr @ 6.8%
Total Monthly Est.
~$12,183/mo
incl. taxes & insurance
Income Needed
$487,320
gross annual (30% rule)
10% Down Option
$183,932
+ PMI applies
Loan Amount (20% dn)
$1,471,458
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 New Shoreham, RI?
The median home value in New Shoreham is $1,839,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in New Shoreham?
Over the past year, home values in New Shoreham have increased by 3.2%. Over five years, prices have risen approximately 59.0%.
How much do I need to earn to buy a home in New Shoreham?
To comfortably afford the median home price of $1,839,323 with a 20% down payment ($367,865) at today's rates (6.8%), you'd need a gross annual income of approximately $487,320. This assumes keeping total housing costs at or below 30% of gross income.
How does New Shoreham compare to the national average home price?
The national median home value is approximately $410,000. At $1,839,323, homes in New Shoreham are 349% above the national average.
What metro area is New Shoreham part of?
New Shoreham is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.