02873 — Washington County, Rhode Island Market Snapshot

Housing market data for zip code 02873 in Washington County, Rhode Island. Updated monthly with median prices, days on market, and more.

Data as of October 2025

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Washington County county page for broader data.

Market Sales Data

1 sales in 2025

Source: Redfin

Median Sale Price

$696,000

Closed sales

Days to Sell

N/A

Median, listing to close

Homes Sold

1

Closed in 2025

Inventory

N/A

Conforming Loan Available

The median home in 02873 at $696,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Conforming Loan Feasibility

The median home in 02873 at $696,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 02873 are set at the county level.

2026 Loan Limits — Washington County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$787,750
2 Units$1,066,250$1,008,450
3 Units$1,288,800$1,219,000
4 Units$1,601,750$1,514,950

Affordability Snapshot — Zip 02873

To purchase the median home at $696,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,483.

Monthly Payment

$5,483

Income Required

$234,966

Principal & Interest

$4,289/mo

Down Payment (5%)

$34,800

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 02873.

%
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Estimated Monthly Payment

$4,457

Principal & Interest$3,611
Property Tax$696
Insurance$150
Loan Amount$556,800
Total Interest$743,300
Income Required$191,031/yr

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