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Westerly, RI

Full City Profile · Rhode Island · Washington County County

3.4 /5.0
B Good
18,528 Population 1,170/sq mi density
$82,333 Median Income $47,826 per capita
$400,200 Home Value $601,250 Zillow
$1,243 Median Rent 28.2% income on rent
53°F Avg Temperature 275 sunny days/yr
67 Violent Crime/100K 1,081 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$82,333 median income, 2.6% unemployment
B+
Affordability
3.9 / 5.0
$400,200 home value, $1,243/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher

Housing Overview

Median Home Value
$400,200
42% above
US avg: $281,900
Median Rent
$1,243/mo
7% above
US avg: $1,163/mo
Homeownership Rate
72.0%
10% above US avg (65.4%)
Total Housing Units
9,310
Median year built: 1971

Home Value by Source

Census Median
$400,200
Zillow (ZHVI)
$601,250
Median Sale Price
$500,000
Median List Price
$549,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.0%
Owner-Occupied
28.0%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,325/mo
1 Bedroom
$1,394/mo
2 Bedroom
$1,727/mo
3 Bedroom
$2,099/mo
4 Bedroom
$2,449/mo
Census median rent: $1,243/mo · Zillow rent: $2,067/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
5.3%
of listings with price reduction
Price Per Sq Ft
$327
Active Inventory
19
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
72.0%

Complete Housing Data

Home Values

Census Median Value$400,200
Zillow Home Value (ZHVI)$601,250
Median Sale Price$500,000
Median List Price$549,000
Price Per Sq Ft$327

Rent

Census Median Rent$1,243
Zillow Rent (ZORI)$2,067
FMR Studio$1,325
FMR 1-Bedroom$1,394
FMR 2-Bedroom$1,727
FMR 3-Bedroom$2,099
FMR 4-Bedroom$2,449

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops5.3%
Homes Sold7
Active Inventory19
Price Per Sq Ft$327

Ownership & Stock

Owner-Occupied72.0%
Renter-Occupied28.0%
Homeownership Rate72.0%
Total Housing Units9,310
Median Year Built1971
Rent Burden28.2%