Why Live in Palace Garden
Palace Garden, a neighborhood in Warwick, is nestled along the Providence River and offers a blend of historic charm and modern convenience. Originally a summer retreat, it has evolved into a year-round community featuring Colonials, early 1900s bungalows, and three-decker houses on grassy lots. Waterfront homes come with boat docks and wooden pathways, providing easy access to Pawtuxet Village, known for its Nantucket-like ambiance, trendy eateries, and annual Gaspee Days celebration. The neighborhood includes the Gaspee Point community, where homes are on leased land and require association approval. Palace Garden residents enjoy proximity to supermarkets like Shaw’s, Stop & Shop, and Dave’s Fresh Marketplace, as well as Family Dollar and Walmart, which are 2 miles away. Salter Grove Memorial Park offers a peaceful waterfront green space with playgrounds and scenic pathways, while Pawtuxet Cove Marina caters to boating enthusiasts. The area is served by Warwick Public Schools, with Pilgrim High School noted for its extracurricular activities. Palace Garden is conveniently located near Route 1, Interstate 95, and Interstate 295, making Downtown Providence just 7 miles away and Boston 58 miles away. The neighborhood's low crime risk compared to the national average adds to its appeal, making it an attractive option for potential home buyers.
Frequently Asked Questions
Is Palace Garden a good place to live?
Palace Garden is a good place to live. Palace Garden is considered very car-dependent and somewhat bikeable with some transit options. Palace Garden has 6 parks for recreational activities. It is fairly sparse in population with 5.7 people per acre and a median age of 50. The average household income is $99,027 which is below the national average. College graduates make up 34.9% of residents. A majority of residents in Palace Garden are home owners, with 16.4% of residents renting and 83.6% of residents owning their home. A
local real estate agent serving Palace Garden can help you decide if this neighborhood is the right one for you. Learn more on our
Palace Garden neighborhood guide.
Is Palace Garden, RI a safe neighborhood?
Palace Garden, RI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Palace Garden?
The median home price in Palace Garden is $435,000. If you put a 20% down payment of $87,000 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $2,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Palace Garden. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Palace Garden is $99K.
What are the best public schools in Palace Garden?
The best public schools that serve Palace Garden are:
What are the best private schools in Palace Garden?
The best private schools that serve Palace Garden are:
What are the most popular zip codes in Palace Garden, Warwick, RI?
What are the most popular neighborhoods near Palace Garden, Warwick, RI?
Home Trends in Palace Garden, RI
On average, homes in Palace Garden, Warwick sell after 25 days on the market compared to the national average of 53 days. The median sale price for homes in Palace Garden, Warwick over the last 12 months is $437,700, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$437,700
Median Single Family Sale Price
$484,900
Median Townhouse Sale Price
$280,000
Median 2 Bedroom Sale Price
$345,000
Median 1 Bedroom Sale Price
$260,000
Average Price Per Sq Ft
$327
Number of Homes for Sale
12
Last 12 months Home Sales
137
Median List Price
$435,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%