Tiverton, RI Market Report — May 2026

• Median Sale Price: $550,000 (up 2.8% QoQ, up 17.0% YoY).
• Active Inventory: 122 units (up 20.8% QoQ from 101; up 38.6% YoY from 88).
• Months of Supply: 6.8 (indicates a shift toward a buyer's market).
• Median DOM (Closed): 15.5 days (down 46.6% QoQ from 29 days).
• Sale-to-List Ratio: 102.2% (up 3.48pp QoQ, up 3.63pp YoY).
• Closed Sales: 18 units (up 28.6% QoQ from 14; down 28.0% YoY from 25).
• New Listings: 39 units (down 13.3% QoQ from 45; up 2.6% YoY from 38).

Pricing in Tiverton continues to show significant strength, with the median sale price of $550,000 remaining 10.0% above the Rhode Island state benchmark of $500,000. Price momentum remains firmly positive, with the median sale price rising for four consecutive months. The current median sits 4% above the 3-month average of $528,300 and 13% above the 6-month average of $485,317, indicating sustained upward pressure. Pricing precision is tight; the 102.2% average sale-to-list ratio confirms that buyers are frequently trading at a premium over the current asking price. Among sellers who reduced their prices, the average reduction was 5.8%. Price-per-square-foot metrics (up 18.7% QoQ) confirm that price appreciation is broad-based rather than a result of property mix shifts.

Actionable Callouts:

• For Listing Agents: With the 102.2% sale-to-list ratio, aggressive initial pricing remains viable for well-positioned homes, as the data shows buyers are still willing to pay a premium.
• For Buyer Agents: Given that 55.6% of sales occur at or above list price, move beyond list-price benchmarks when structuring offers to remain competitive in this fast-moving environment.

Inventory is building, with 122 active listings reflecting 39 new entries against 18 closings. The listing velocity ratio of 2.17 confirms that inventory is building rapidly (ratio > 1.5). Total sales volume increased 43.8% QoQ, driven by a 28.6% increase in transaction count and a 2.8% increase in median price. Months of supply stands at 6.8, which classifies this as a buyer's market (6+ months). Regarding property types, 32 new single-family listings entered the market, while multi-family and condo segments saw 0 new listings. Compared to last May, active inventory is up 38.6%, signaling a departure from the tighter supply conditions seen in 2025.

Actionable Callouts:

• For Listing Agents: With a velocity ratio of 2.17, differentiation is critical; listings must stand out against a growing pool of competing active inventory to avoid stagnation.
• For Buyer Agents: The rise to 6.8 months of supply grants buyers increased leverage and more time to negotiate than in previous months, particularly on properties that do not move within the first two weeks.

Market velocity remains sharp despite the accumulation of inventory. The median DOM for closed sales plummeted to 15.5 days, a 46.6% improvement QoQ. This leading demand indicator is confirmed by the median days to pending, which signals how quickly properties are moving from market entry to contract. Inventory staleness is decreasing, as the median active DOM of 21 days is significantly lower than in previous periods. The contrast between the rapid 15.5-day closed DOM and the rising inventory suggests that while the market is highly competitive for well-priced, attractive inventory, buyers are increasingly selective as options expand.

Actionable Callouts:

• For Listing Agents: Utilize the 15.5-day median DOM as your benchmark; properties sitting beyond this period should be re-evaluated for price adjustments immediately.
• For Buyer Agents: Focus your search on properties within the median days to pending window to successfully secure a contract in this fast-paced environment.

The Tiverton market is currently categorized as Balanced, though it presents a complex mix of signals. It satisfies the criteria for a buyer's market in terms of supply (6.8 months), yet maintains high-intensity competition evidenced by the 102.2% sale-to-list ratio and 55.6% of homes selling at or above asking. Sellers still command high prices, but the rapid accumulation of active inventory is creating a "soft cap" on market intensity.

Actionable Callouts:

• For Listing Agents: Focus on "freshness"—the market is currently rewarding listings that enter with market-aligned pricing while penalizing stale inventory.
• For Buyer Agents: Target the 6.8 months of supply as a signal for increased negotiation opportunity on properties that do not move within the first two weeks.

Price trajectory remains positive, evidenced by a 4-month streak of increases and a current median of $550,000, which sits well above both the 3-month ($528,300) and 6-month ($485,317) averages. However, inventory direction warrants caution; the listing velocity ratio of 2.17 indicates that new listings are far outpacing sales. If the current velocity ratio of 2.17 persists, months of supply will likely continue to expand, which may eventually provide a cooling mechanism for price growth. Median DOM for closed sales is currently falling, but this could reverse if inventory continues to accumulate at current rates. Seasonal comparison shows that while new listing volume is up 2.6% YoY, closed sales volume is down 28.0% YoY, suggesting that while the market is active, buyers are taking advantage of the larger selection to be more selective.

Data is sourced from RealAnalytica MLS analytics via the Rhode Island Association of Realtors (riar). This report covers the city of Tiverton, RI for the period of May 2026. The current period saw 18 closed sales; due to this small sample size, median metrics may be subject to higher-than-average volatility. CLOSED SALES metrics and INVENTORY metrics are derived from distinct property populations and should not be cross-compared as a direct price discount.