02879 — Washington County, Rhode Island Market Snapshot
Housing market data for zip code 02879 in Washington County, Rhode Island. Updated monthly with median prices, days on market, and more.
Market Sales Data
66 sales in 2026 (year to date)
Median Sale Price
$697,500
Days to Sell
37
Homes Sold
66
Inventory
56
Sale-to-List
99.7%
New Listings
92
Price/SqFt
$388
Pending Sales
70
Conforming Loan Available
The median home in 02879 at $697,500 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
Market Temperature
02879's market is balanced with homes taking an average of 37 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 02879 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 02879 at $697,500 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 02879 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 02879
To purchase the median home at $697,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,494.
Monthly Payment
$5,494
Income Required
$235,458
Principal & Interest
$4,298/mo
Down Payment (5%)
$34,875
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 02879.
Estimated Monthly Payment
$4,467
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 02879. Tell us what you're looking for.