Why Live in Warwick Neck
Warwick Neck, a coastal neighborhood in Warwick, is known for its historical significance and scenic attractions. The Warwick Neck Lighthouse, dating back to the early 17th century, stands as a reminder of the area's seafaring origins and historical events like King Phillip's War and the Gaspee Affair. The neighborhood offers picturesque views of the water, making it a popular spot for sailing and fishing. Housing styles vary, with ranch-style, bungalows, and colonial-inspired homes in the north, and larger, multi-story homes with spacious lawns along Greenwich Bay. The area is suburban, with Providence approximately 13 miles away via Interstate 95. Warwick Neck Elementary, Warwick Veterans Junior High, and Pilgrim High School serve the community, with Bishop Hendricken High School as a highly rated private option. Rocky Point State Park, a 120-acre green space, offers trails, fishing piers, and summer events. Dining options include Presto Strange O Café and Bottom Line Bar & Grill, while grocery needs are met by 7-Eleven and Stop & Shop. The Warwick Country Club features an 18-hole golf course and hosts various events, and the nearby Aldrich Mansion serves as an event venue and historical landmark. The neighborhood is safer than the national average, and residents benefit from a convenient commute with I-95 and proximity to Rhode Island TF Green International Airport, about 6 miles away.
Frequently Asked Questions
Is Warwick Neck a good place to live?
Warwick Neck is a good place to live. Warwick Neck is considered very car-dependent and somewhat bikeable with minimal transit options. Warwick Neck is a suburban neighborhood. Warwick Neck has 5 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 51. The average household income is $154,842 which is above the national average. College graduates make up 57.1% of residents. A majority of residents in Warwick Neck are home owners, with 10.3% of residents renting and 89.7% of residents owning their home. A
local real estate agent serving Warwick Neck can help you decide if this neighborhood is the right one for you. Learn more on our
Warwick Neck neighborhood guide.
How much do you need to make to afford a house in Warwick Neck?
The median home price in Warwick Neck is $574,900. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $126K a year to afford the median home price in Warwick Neck. The average household income in Warwick Neck is $155K.
What are the best public schools in Warwick Neck?
The best public schools that serve Warwick Neck are:
What are the best private schools in Warwick Neck?
The best private schools that serve Warwick Neck are:
What are the most popular zip codes in Warwick Neck, Warwick, RI?
What are the most popular neighborhoods near Warwick Neck, Warwick, RI?
Are home prices dropping in Warwick Neck?
Yes, home prices in Warwick Neck are down 23% in the last 12 months.
Home Trends in Warwick Neck, RI
On average, homes in Warwick Neck, Warwick sell after 24 days on the market compared to the national average of 52 days. The median sale price for homes in Warwick Neck, Warwick over the last 12 months is $580,000, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$580,000
Median Single Family Sale Price
$555,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
4
Last 12 months Home Sales
22
Median List Price
$574,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-11%