Why Live in Palace Garden
Palace Garden in Warwick is a waterfront neighborhood along the Providence River, originally a summer retreat that has evolved into a year-round community. The area features a mix of Colonials, early 1900s bungalows, and three-decker houses, many with direct river access and boat docks. Residents enjoy proximity to Pawtuxet Village, known for its New England charm, trendy eateries, and the annual Gaspee Days celebration. The neighborhood includes Gaspee Point, a homeowners' association community with homes on leased land, requiring association approval for potential buyers. Salter Grove Memorial Park offers a peaceful green space with riverfront pathways and a playground, while Pawtuxet Cove Marina provides seasonal slips for boaters. Nearby supermarkets like Shaw’s, Stop & Shop, and Dave’s Fresh Marketplace cater to daily needs, with additional shopping options 2 miles away at Family Dollar and Walmart. Palace Garden is accessible via Route 1, Interstate 95, and is 7 miles from downtown Providence. The neighborhood's river views and features make it an attractive option for those seeking a vibrant community with easy access to both natural beauty and urban amenities.
Home Trends in Palace Garden, RI
On average, homes in Palace Garden, Warwick sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Palace Garden, Warwick over the last 12 months is $470,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$470,000
Median Single Family Sale Price
$547,500
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$720,000
Median 1 Bedroom Sale Price
$470,000
Average Price Per Sq Ft
$350
Number of Homes for Sale
15
Last 12 months Home Sales
159
Median List Price
$549,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%