The story of this market
The typical home in ZIP 02816 sells for about $350,104, or $280 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,203 a month.
ZIP 02816 — Coventry
The housing market in 02816 remains stable with steady demand for single-family homes, supported by a high owner-occupancy rate. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader regional trends. Some figures, such as specific price-cut percentages, were not available at the ZIP level and are omitted.
This ZIP is well-suited for family buyers and commuters seeking a suburban lifestyle with access to outdoor recreation, while offering more space than the immediate Providence urban core.
Median prices moved up 4.2% year over year.
Homes spend a median of 35 days on market with 2.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 7.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02816, Kent County RI
The area is served by the Coventry Public Schools district, which generally maintains average performance ratings within the Rhode Island state framework.
The area includes waterfront properties on Johnson's Pond, which may be subject to specific flood insurance requirements; otherwise, it faces standard New England climate risks.
Development is characterized by suburban residential growth with limited large-scale commercial expansion, relying on proximity to the Providence metro area for major employment.
Property taxes are assessed by the Town of Coventry based on local mill rates applied to the assessed value of real estate, with exemptions available for owner-occupied primary residences.
Residents primarily commute by car toward the Providence employment core, with typical drive times ranging from 20 to 35 minutes depending on traffic conditions.
The area features significant outdoor amenities including Johnson's Pond for water activities, various local parks, and proximity to the Coventry Greenway for walking and cycling.
The rental market is characterized by low vacancy pressure and steady demand, with a limited supply of multi-family housing units.
The local economy is primarily driven by small businesses, retail, and services, with many residents commuting to the broader Providence-Warwick metropolitan area for employment in healthcare, education, and manufacturing.
Transportation is heavily reliant on private vehicles, with major access provided by I-95 and RI-117 corridors connecting to the wider region.
Development is largely focused on infill residential projects and minor commercial upgrades within existing town zoning.
The Kent County assessment regime is managed at the municipal level by the Town of Coventry, which conducts periodic revaluations to ensure tax equity.
Parcels are subject to municipal property taxes and the Coventry Public School district levies; specific fire district taxes may also apply depending on the exact location.
Property insurance premiums are influenced by regional coastal storm risks and local fire protection ratings, with standard coverage widely available.
Data sourced from US Census Bureau ACS 5-Year Estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- United Skates of America4.316.3 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.616.3 mi
- Dave & Buster's Providence4.213 mi
- Funcity Trampoline Park Seekonk, MA4.215.5 mi
- Sky Zone Trampoline Park4.116.4 mi
- Amica Mutual Pavilion4.412.7 mi
- Rhode Island Convention Center4.412.8 mi
- Topgolf Rhode Island4.38.2 mi
- Providence Performing Arts Center4.812.8 mi
- Wright's Farm4.420 mi
- Roger Williams Park Zoo4.611.4 mi
- Showcase Cinemas Warwick4.45.6 mi
- Apple Cinemas Warwick Mall4.36.6 mi
- Goddard Memorial State Park4.68.7 mi
- Providence Children's Museum4.612.7 mi
- RISD Museum4.713.2 mi
- Providence Children's Museum4.612.7 mi
- Newport Car Museum4.918.5 mi
- Blithewold Manor, Gardens & Arboretum4.717.3 mi
- The Providence Athenaeum4.813.3 mi
- Goddard Memorial State Park4.68.7 mi
- Roger Williams Park4.711.7 mi
- Rocky Point State Park4.711.8 mi
- Roger Williams Park Botanical Center4.711.5 mi
- Conimicut Point Park4.512.3 mi
- Herreshoff Marine Museum4.716.8 mi
- Harbor Lights Dining Events Golf Marina4.410.8 mi
- East Providence Yacht Club4.313.7 mi
- Rhode Island Yacht Club4.611.9 mi
- Topgolf Rhode Island4.38.2 mi
- Triggs Memorial Golf Course4.211.8 mi
- Harbor Lights Dining Events Golf Marina4.410.8 mi
- North Kingstown Golf Course4.110.9 mi
- Button Hole4.611.2 mi
- Warwick Mall4.36.5 mi
- Garden City Center4.68.4 mi
- Dave's Fresh Marketplace/Wickford4.711.1 mi
- Burlington4.310.3 mi
- T.J. Maxx & HomeGoods4.45.2 mi
- Rhode Island T.F. Green International Airport4.48.9 mi
- Boston Skydive Center516.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large recreational pond popular for boating, fishing, and waterfront living.
A multi-use trail system providing space for walking, running, and cycling.
Key-figure check: median price diverges 32.8% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $465,000 (32.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $465,000 (+32.8% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.