Tiverton, RI Market Report — May 2026

• Median Sale Price: $550,000 (▲ 2.8% QoQ, ▲ 17.0% YoY).
• Active Inventory: 122 units (▲ 20.8% QoQ, ▲ 38.6% YoY).
• Months of Supply: 6.8 months (signaling a transition toward a buyer’s market).
• Median DOM (Closed): 15.5 days (▼ 46.6% QoQ, ▼ 41.5% YoY).
• Sale-to-List Ratio: 102.2% (▲ 3.48pp QoQ, ▲ 3.63pp YoY).
• Closed Sales: 18 transactions (▲ 28.6% QoQ, ▼ 28.0% YoY).

Tiverton’s pricing remains elevated, with the $550,000 median sale price sitting 10.0% above the Rhode Island state median of $500,000. Pricing precision is high; buyers are paying more than the final asking price, as evidenced by the 102.2% average sale-to-list ratio. Comparing the $550,000 median sale price to the $484,950 median sold list price indicates that sellers are successfully closing at a premium relative to their adjusted asking prices.

Trend momentum is confirmed by a 4-month streak of rising prices. The current $550,000 median sale price sits 4.1% above the 3-month average of $528,300 and 13.3% above the 6-month average of $485,317, signaling broad-based appreciation. The median price-per-square-foot has increased by 18.7% QoQ to $347.12, confirming this growth is structural rather than driven by property mix changes. Regarding seller concessions, the average price reduction is 5.8%, which remains a minority behavior given that 55.6% of homes sold at or above their list price.

For Listing Agents: With a 102.2% sale-to-list ratio, properties are frequently closing above the final list price; price strategically based on the median sold list price of $484,950 to capture market momentum.

For Buyer Agents: With 55.6% of sales occurring at or above list, buyers must be prepared to submit competitive offers early, as negotiations are limited in this high-velocity environment.

Tiverton’s inventory environment is undergoing a transition. The current 122 active listings reflect 39 new entries against 18 closings, resulting in a listing velocity ratio of 2.17. This ratio confirms that inventory is building rapidly, as new listings significantly outpace the current volume of sales. The resulting 6.8 months of supply signals a shift toward a buyer's market.

Total sales volume reached $11.60M, a 43.8% increase QoQ, driven by a 28.6% increase in transaction count and a 2.8% increase in median price. Compared to last May, closed sales are down 28.0%, while new listings are up 2.6% and active inventory has grown by 38.6%. Regarding property types, new listing activity was concentrated in single-family homes (32 units); there were zero multi-family or condo listings this period.

For Listing Agents: The velocity ratio of 2.17 warns of increasing competition; ensure your property stands out among the 122 active listings.

For Buyer Agents: The expansion to 6.8 months of supply grants buyers increased leverage and more time to negotiate compared to tighter periods earlier this year.

Market speed remains high. The median days on market (DOM) for closed sales is 15.5 days, a 46.6% decrease QoQ. This performance is 26.2% faster than the Rhode Island state median of 21 days. The median DOM for active inventory currently sits at 21 days, confirming that available supply remains relatively fresh and has not yet become stagnant. There is no evidence of widespread relisting as a strategy to reset market time, as the DOM for closed sales remains significantly compressed.

For Listing Agents: The 15.5-day median DOM suggests that the highest volume of interest occurs in the first two weeks; ensure all preparations are finalized prior to the "Active" status.

For Buyer Agents: With homes moving in approximately 15.5 days, the window to conduct due diligence is narrow; ensure financing and inspection contingencies are planned before touring.

The market is currently categorized as Balanced. This assessment is supported by the 6.8 months of supply, which typically favors buyers, countered by the 102.2% sale-to-list ratio and 56% of sales occurring at or above list price, which signal strong seller leverage. The primary conflict in the market is the coexistence of rapid transaction velocity and an inventory count that has risen 38.6% year-over-year.

For Listing Agents: The market remains highly competitive, but the accumulation of supply necessitates accurate, data-backed initial pricing to avoid the need for reductions.

For Buyer Agents: Buyers have more options due to increased supply, but the high percentage of sales above asking price means that lowball offers remain unlikely to succeed.

Price appreciation shows sustained momentum, evidenced by a 4-month streak of increases. The current median price of $550,000 stands above the 3-month average of $528,300 and the 6-month average of $485,317. However, the listing velocity ratio of 2.17 suggests that if the current rate of new listings entering the market persists without a commensurate rise in closings, price growth will face downward pressure. Median DOM remains downward, having fallen from 29 days in April to 15.5 days in May. Compared to last May, closed sales are down 28.0%; if this lower volume persists alongside the high velocity ratio, inventory will continue to build, potentially stabilizing prices if the months of supply remains above the 6-month threshold.

This report utilizes data from the Rhode Island Association of Realtors (RIAR) MLS for the city of Tiverton. The current reporting period is 2026-05-01 to 2026-05-31, encompassing 18 closed sales. Because the transaction count is below 20, median figures are subject to volatility. All metrics are calculated based on distinct property populations for closed sales and active inventory.