Why Live in Meadowbrook Farms
Meadowbrook Farms in East Greenwich, RI, is a well-established neighborhood characterized by single-family ranch, split-level ranch, and colonial-style homes, with prices ranging from $335,000 to $1 million. The area also includes new condos like Middleberry, a senior living community, and River Farm Place, an all-age community. The neighborhood is known for its tall pines and oak trees, creating a serene environment. Meadowbrook Farms is served by highly rated public schools, including Meadowbrook Farms Elementary, James H. Eldredge Elementary, Davisville Middle, and East Greenwich High, all of which are top performers in Rhode Island. Residents have access to several recreational areas, such as Fry Brook Recreational Area with its walking and biking trails, River Farm Fitness Park with outdoor exercise stations, and Fairfield Playground with various play structures. Goddard Memorial State Park, just a short drive away, offers a public beach, golf course, equestrian show area, and extensive trails. For dining, Providence Oyster Bar and Siena Restaurant provide upscale options, while Felicia’s Coffee is a local favorite for casual meetups. The neighborhood is conveniently located within 3 miles of marinas, waterfront restaurants, and Interstate 95, and is 20 miles from Providence. Additionally, Rhode Island International Airport is only 10 miles away, making travel accessible. Meadowbrook Farms is a low crime risk area compared to the national average, adding to its appeal for long-term residents.
Frequently Asked Questions
Is Meadowbrook Farms a good place to live?
Meadowbrook Farms is a good place to live. Meadowbrook Farms is considered very car-dependent and somewhat bikeable. Meadowbrook Farms is a suburban neighborhood. Meadowbrook Farms has 6 parks for recreational activities. It is sparse in population with 2.3 people per acre and a median age of 44. The average household income is $144,026 which is above the national average. College graduates make up 63.1% of residents. A majority of residents in Meadowbrook Farms are home owners, with 7.2% of residents renting and 92.8% of residents owning their home. A
local real estate agent serving Meadowbrook Farms can help you decide if this neighborhood is the right one for you. Learn more on our
Meadowbrook Farms neighborhood guide.
How much do you need to make to afford a house in Meadowbrook Farms?
The median home price in Meadowbrook Farms is $492,000. If you put a 20% down payment of $98,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $109K a year to afford the median home price in Meadowbrook Farms. The average household income in Meadowbrook Farms is $144K.
What are the best public schools in Meadowbrook Farms?
The best public schools that serve Meadowbrook Farms are:
What are the best private schools in Meadowbrook Farms?
The best private schools that serve Meadowbrook Farms are:
What are the most popular zip codes in Meadowbrook Farms, East Greenwich, RI?
What are the most popular neighborhoods near Meadowbrook Farms, East Greenwich, RI?
Home Trends in Meadowbrook Farms, RI
On average, homes in Meadowbrook Farms, East Greenwich sell after 85 days on the market compared to the national average of 70 days. The median sale price for homes in Meadowbrook Farms, East Greenwich over the last 12 months is $492,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$492,000
Median Single Family Sale Price
$749,900
Median Townhouse Sale Price
$349,000
Median 1 Bedroom Sale Price
$750,000
Average Price Per Sq Ft
$667
Number of Homes for Sale
1
Last 12 months Home Sales
54
Median List Price
$492,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%