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Area data

Middletown, RI — ZIP 02842

Population: 16,832 (Census ACS)

Home values & appreciation

Median home value
$766,307
1-year appreciation
+5.1%
3-year appreciation
+17.2%
5-year appreciation
+41.2%
10-year appreciation
+112.0%
All-time peak (2026-07)
$766,307
House Price Index
428.0 (+4.1% YoY)

Market activity

Median sale price
$814,500
Median list price
$850,000
Median days on market
45 days
Sale-to-list ratio
97.2%
Active listings
42
1-year forecast
+3.0%
New listings (monthly)
14

Rents

Typical rent
$3,214/mo
1-year rent change
-2.6%
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
5
Elementary schools
3
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coastalFlooding
FEMA flood zone
C
Flood risk level
Minimal

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
15.0 / 20
Transit service frequency
617

Amenities

National parks within ~60 mi
11
Nearest national park
Touro Synagogue National Historic Site (3 mi)
Nearest airport
Newport State Airport (NPT) (1 mi)
Nearest major airport
Newport State Airport (NPT) (1 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.4 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-446 tax filers

Housing stock

Median year housing built
1,969
Median annual property tax
$6,153
Mean commute to work
18 min
Households with broadband internet
77.9%

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