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Area data

Middletown, RI — ZIP 02840

Population: 23,448 (Census ACS)

Home values & appreciation

Median home value
$966,328
1-year appreciation
+8.0%
3-year appreciation
+18.8%
5-year appreciation
+40.6%
10-year appreciation
+120.5%
All-time peak (2026-07)
$966,328
House Price Index
428.0 (+4.1% YoY)

Market activity

Median sale price
$1.35M
Median list price
$1.27M
Median days on market
70 days
Sale-to-list ratio
96.2%
Active listings
14
1-year forecast
+3.0%
Days to pending
66 days
New listings (monthly)
26

Rents

Typical rent
$3,156/mo
1-year rent change
+2.7%
1BR fair-market rent
$1,509/mo
3BR fair-market rent
$2,498/mo

Affordability

Cost of living index (Average)
99.0 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coastalFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
59.0°F
Average low
44.0°F
Annual precipitation
42.9 in

Walkability & transit

Walkability index
17.8 / 20
Transit service frequency
279

Amenities

National parks within ~60 mi
6
Nearest national park
Touro Synagogue National Historic Site (1 mi)
Nearest airport
Newport State Airport (NPT) (4 mi)
Nearest major airport
Newport State Airport (NPT) (4 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-446 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$5,264
Mean commute to work
16 min
Households with broadband internet
79.6%

Employment & development

Total county employment
33,808
Average weekly wage
$1,156
Top industries (by employment)
Accommodation & Food, Professional Services, Health Care
Annual residential building permits (county)
92

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents