Why Live in Lippitt Estates
Lippitt Estates offers the suburban convenience of living in northern Rhode Island close to the Massachusetts border. “The main drive for Cumberland is the suburban town feel and the convenience. It’s a pretty close-knit community and we’re pretty centralized, so it’s super convenient to get to the highway, with all the amenities around it,” says Steven Jacques, a Cumberland local and Coldwell Banker Realtor with nearly a decade of experience. The town also has well-regarded schools and lower taxes compared to other parts of the state. “This area is really desirable, too, because it’s rural, but the homes have been getting upgraded, and new homes are being developed,” Jacques says. The neighborhood is an eclectic mix of Colonial Revivals, classic New England farmhouses, Cape Cods, split-levels and raised ranch-style homes. Most sit on lots of at least a quarter-acre. Prices range between about $390,000 and $700,000, though large homes with several acres of land around them can sell for over $1 million. Trees grow so thick on both sides of the narrow, winding streets that their canopies often meet over the road. “There are a lot of cliffs and ridges in this part of Cumberland, so
Home Trends in Lippitt Estates, RI
On average, homes in Lippitt Estates, Cumberland sell after 29 days on the market compared to the national average of 51 days. The median sale price for homes in Lippitt Estates, Cumberland over the last 12 months is $580,000, up 26% from the median home sale price over the previous 12 months.
Median Sale Price
$580,000
Median Single Family Sale Price
$589,900
Average Price Per Sq Ft
$279
Number of Homes for Sale
3
Last 12 months Home Sales
10
Median List Price
$575,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
26%