The story of this market
The typical home in ZIP 02889 sells for about $428,000, or $315 per square foot.
Prices are up +14% from a year ago, so sellers still have some momentum. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,326 a month.
ZIP 02889 — Warwick
The 02889 housing market remains highly competitive with low inventory driving consistent price appreciation. While demand remains strong, the pace of growth has stabilized compared to the rapid increases seen in previous years. Figures for specific permit activity and detailed tax-district breakdowns were not available at the ZIP level.
This ZIP is ideal for families and commuters seeking a balance between coastal living and accessibility to the Providence employment core, offering a mix of established suburban neighborhoods and waterfront amenities.
Median prices moved up 14.0% year over year.
Homes spend a median of 24 days on market with 2.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 9.4% — 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 7.8%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 02889, Kent County RI
Crime rates in Warwick are generally lower than the national average, with property crime being the most frequently reported incident type in the area.
Schools serving the 02889 area are part of the Warwick Public Schools district, which maintains a moderate performance rating with a focus on community-integrated learning.
The area faces moderate flood risk due to its extensive coastline along Narragansett Bay, necessitating flood insurance for many properties in low-lying zones.
Economic momentum is driven by the proximity to T.F. Green International Airport and ongoing redevelopment of the Oakland Beach and waterfront districts.
Property taxes are assessed by the City of Warwick based on a mill rate applied to the assessed value of real estate, with exemptions available for owner-occupied primary residences.
Residents benefit from direct access to I-95 and I-295, providing a straightforward commute to Providence, while the MBTA commuter rail station at the airport offers transit options to Boston.
The ZIP features significant waterfront access at Oakland Beach, multiple public parks, and proximity to the Warwick City Park trail system and various local golf courses.
The rental market is characterized by high demand and low vacancy rates, with a mix of single-family rentals and multi-unit complexes; short-term rentals are present but regulated.
The economy is anchored by the aviation, healthcare, and retail sectors, with T.F. Green Airport serving as a primary regional employment hub.
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Development is currently focused on revitalizing the waterfront areas and expanding transit-oriented housing near the commuter rail station.
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Parcels are subject to city-wide school and municipal taxes, with specific fire district levies depending on the exact location within the ZIP.
Property insurance premiums are influenced by coastal hazard exposure, with many properties requiring separate flood insurance policies.
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Data retrieved from data.census.gov ZCTA 02889 profile.
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 America4.310.2 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.612.5 mi
- Dave & Buster's Providence4.28.7 mi
- Funcity Adventure Park4.219.5 mi
- Funcity Trampoline Park Seekonk, MA4.26.3 mi
- Amica Mutual Pavilion4.48.4 mi
- Rhode Island Convention Center4.48.5 mi
- Topgolf Rhode Island4.35.5 mi
- Providence Performing Arts Center4.88.2 mi
- Newport Vineyards4.213.3 mi
- Roger Williams Park Zoo4.66.2 mi
- Colt State Park4.84.3 mi
- RISD Museum4.78.5 mi
- Showcase Cinemas Warwick4.47.1 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.811.1 mi
- The Breakers4.716.8 mi
- RISD Museum4.78.5 mi
- Marble House4.717.2 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.811.1 mi
- The Elms4.716.2 mi
- Colt State Park4.84.3 mi
- Roger Williams Park4.76.2 mi
- Goddard Memorial State Park4.64.8 mi
- Rocky Point State Park4.71.1 mi
- Slater Memorial Park4.611.5 mi
- Bowen's Wharf4.715.5 mi
- The Cove | Restaurant & Marina4.310.9 mi
- Herreshoff Marine Museum4.75.9 mi
- Harbor Lights Dining Events Golf Marina4.41.6 mi
- New York Yacht Club Harbour Court4.716.3 mi
- Topgolf Rhode Island4.35.5 mi
- Triggs Memorial Golf Course4.29.9 mi
- Swansea Country Club4.46.4 mi
- Harbor Lights Dining Events Golf Marina4.41.6 mi
- North Kingstown Golf Course4.18.1 mi
- Providence Place4.48.8 mi
- Warwick Mall4.35.6 mi
- Garden City Center4.65.9 mi
- Rhode Island T.F. Green International Airport4.43.1 mi
- Boston Skydive Center516.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular public beach area with seasonal dining and water views.
Large municipal park featuring trails, sports fields, and picnic areas.
Major regional airport serving the area.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).