Market Overview
Home Prices in Warren, RI
The median home value in Warren, RI is $555,385 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Warren are priced35% above average. Warren is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, Warren home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Warren Home Price Trend
City Comparison
Warren vs. National Median
At $555,385, homes in Warren cost 35% above the national median of $410,000. Buyers in Warren should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Warren?
20% Down Payment
$111,077
on $555,385
Monthly P&I
$2,897/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,679/mo
incl. taxes & insurance
Income Needed
$147,160
gross annual (30% rule)
10% Down Option
$55,539
+ PMI applies
Loan Amount (20% dn)
$444,308
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 Warren, RI?
The median home value in Warren is $555,385 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Warren?
Over the past year, home values in Warren have increased by 1.6%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Warren?
To comfortably afford the median home price of $555,385 with a 20% down payment ($111,077) at today's rates (6.8%), you'd need a gross annual income of approximately $147,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Warren compare to the national average home price?
The national median home value is approximately $410,000. At $555,385, homes in Warren are 35% above the national average.
What metro area is Warren part of?
Warren is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.