Market Overview
Home Prices in South Kingstown, RI
The median home value in South Kingstown, RI is $732,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Kingstown are priced79% above average. South Kingstown is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, South Kingstown home values have risen by approximately41.0%, reflecting strong long-term appreciation in this market.
Price History
South Kingstown Home Price Trend
City Comparison
South Kingstown vs. National Median
At $732,659, homes in South Kingstown cost 79% above the national median of $410,000. Buyers in South Kingstown should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South Kingstown?
20% Down Payment
$146,532
on $732,659
Monthly P&I
$3,821/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,853/mo
incl. taxes & insurance
Income Needed
$194,120
gross annual (30% rule)
10% Down Option
$73,266
+ PMI applies
Loan Amount (20% dn)
$586,127
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 South Kingstown, RI?
The median home value in South Kingstown is $732,659 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in South Kingstown?
Over the past year, home values in South Kingstown have increased by 6%. Over five years, prices have risen approximately 41.0%.
How much do I need to earn to buy a home in South Kingstown?
To comfortably afford the median home price of $732,659 with a 20% down payment ($146,532) at today's rates (6.8%), you'd need a gross annual income of approximately $194,120. This assumes keeping total housing costs at or below 30% of gross income.
How does South Kingstown compare to the national average home price?
The national median home value is approximately $410,000. At $732,659, homes in South Kingstown are 79% above the national average.
What metro area is South Kingstown part of?
South Kingstown is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.