Why Live in Downtown East Greenwich
Downtown East Greenwich features a mix of 19th-century Second Empire and Georgian Revival homes alongside modern New England Coastal Traditional residences, with ongoing construction adding to the variety. The neighborhood is known for its highly rated schools, including James H. Eldredge Elementary, Archie R. Cole Middle, and East Greenwich High, which offer specialized programs in fields like computer science and visual arts. Local attractions include several parks such as Eldredge Field, Academy Field, and Barbara M. Tufts Memorial Park, which provide playgrounds, sports courts, and waterfront access. The East Greenwich Marina and the East Greenwich Yacht Club are popular spots for boating enthusiasts. Main Street, the bustling heart of the neighborhood, is lined with boutique shops, local restaurants, and entertainment venues like the Greenwich Odeum and Y.J. Contemporary Fine Art gallery. Dining options range from artisanal coffee shops to diverse eateries like Rasa and Greenwich Bay Oyster Bar. The Rhode Island Public Transit Authority services the area, with bus stops along Main Street, and the Rhode Island T.F. Green International Airport is just 5 miles away. Interstate 95 provides convenient access to Providence, about a 15-20 minute drive, and Boston is approximately 65 miles north. Flooding can be a concern for homes east of Main Street during storm surges, but overall, the neighborhood has a lower crime rate compared to the national average.
Home Trends in Downtown East Greenwich, RI
On average, homes in Downtown East Greenwich, East Greenwich sell after 48 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown East Greenwich, East Greenwich over the last 12 months is $789,500, up 37% from the median home sale price over the previous 12 months.
Median Sale Price
$789,500
Median Single Family Sale Price
$849,900
Median 2 Bedroom Sale Price
$464,000
Median 1 Bedroom Sale Price
$399,000
Average Price Per Sq Ft
$443
Number of Homes for Sale
9
Last 12 months Home Sales
48
Median List Price
$784,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
37%