Real Estate Statistics
| Average Price | $1.1M |
|---|---|
| Lowest Price | $15 |
| Highest Price | $9M |
| Total Listings | 122 |
| Avg. Days On Market | 53 |
| Avg. Price/SQFT | $462 |
Property Types (active listings)
Narragansett Homes
| All Listings | $200,000 - $300,000 | $300,000 - $400,000 |
|---|---|---|
| $400,000 - $500,000 | $500,000 - $600,000 | $600,000 - $700,000 |
| $700,000 - $800,000 | $800,000 - $900,000 | $900,000 - $1,000,000 |
| Over $1,000,000 |
Discover All Rhode Island Real Estate Has To Offer
Ask A Question Register For Listing Alerts & UpdatesNarragansett Real Estate
Narragansett real estate consists of a strip of land that runs along the eastern bank of the Pettaquamscutt River to the ocean. Narragansett also includes four of Rhode Island's most popular beaches.
Narragansett separated from South Kingstown in 1888, and in 1901, incorporated as a town. During this period, Narragansett was mainly a farming area but was also developing into a resort area and fishing community. The vast majority of residential development at this time was single family dwellings. Of these dwellings, a significant number were used as summer vacation homes.
Today, all that remains of the Golden Victorian resort era are a pair of stone arches that span Ocean Road, curved towers anchor these arches. The granite towers, remnants of the Casino that burned in 1900, are three-story tall, beautiful reminders of a glorious past.
Although this luxurious resort era may be gone, the year-round population of Narragansett is rapidly increasing. Commercial developments center around tourist oriented businesses, fishing, and research activities at the Narragansett Bay Campus University.
Narragansett Cottages
If you're looking for Narragansett cottages, you'll see how the past lives on in historic inns and bed & breakfasts that offer visitors a chance to experience Colonial and Victorian era South County. Local museums such as South County Museum, Gilbert Stuart Birthplace, and Smith Castle, also share many treasured, historical items.
An amazing attraction every year, are the theatre productions put on by Theatre-by-the-Sea to delight and charm audiences every summer.
Narragansett Community Information
You might hear the laughter of children digging for clams that always seem to slip through their fingers at the last second, or the hoots and hollers of people playing and riding the waves on boogie boards.
Located in southern Rhode Island, Narragansett has offered its relaxed lifestyle to vacationers and residents alike. Popular summer Narragansett activities include: boating, fishing, water-skiing, swimming, whale-watching, and beach combing. Throughout the year, Narragansett activities include exploring and shopping in little villages, cycling or driving through rolling countryside, visiting historic sites, or hiking through hundreds of acres of woodlands.
Demographic Information
- Total Population: 16361
- Population per Sq. Mi.: 1157
- Occupied Dwelling Units: 6846
- Families: 3846
- Land Area Sq. Miles: 14.2
*source: RI.gov & RIEDC.com
Narragansett Real Estate Frequently Asked Questions
What types of homes are available in Narragansett?
Narragansett offers a mix of housing, including oceanfront estates, mid-century homes, Cape Cod-style properties, and seasonal cottages. Buyers often look for year-round residences near the beach or summer homes in quieter areas. The town includes neighborhoods like Point Judith, Bonnet Shores, and Great Island, each with a different character. Properties near the water tend to command higher prices, especially with ocean access.
How competitive is the real estate market in Narragansett?
The market in Narragansett can be competitive, particularly for homes close to the beach or in walkable neighborhoods. Inventory is often limited, especially during warmer months when second-home buyers enter the market. Working with a local real estate agent gives you better access to listings and pricing insights. Demand fluctuates seasonally, so timing can influence your purchasing strategy.
Is Narragansett primarily a seasonal or year-round community?
Narragansett includes both year-round residents and seasonal homeowners. The southern end near Scarborough and Sand Hill Cove is popular for summer rentals, while other areas are more residential. Some buyers purchase vacation properties that double as rental income sources during peak season. It's important to check local ordinances if you plan to rent short-term.
What’s the average home price in Narragansett?
Home prices in Narragansett vary depending on proximity to the coast and home size. As of recent data, single-family properties often start in the $600,000s and can exceed $2 million for beachfront locations. Condos and smaller homes may be available at lower price points but are in high demand. Prices have generally trended upward due to consistent interest in coastal living.
Are flood zones a concern for buyers in Narragansett?
Yes, some areas in Narragansett are located in flood-prone zones, particularly near the coastline and marshlands. It’s essential to request a flood risk report and understand what kind of insurance may be required. FEMA maps and local disclosures can help assess your property’s specific location. Our team can help you review these documents before committing.
What should buyers know about property taxes in Narragansett?
Property taxes are managed by the town and vary based on assessed value and property type. Narragansett’s tax rate is typically mid-range compared to other Rhode Island coastal towns. Waterfront properties may see higher assessments, especially if used as vacation rentals. It's useful to confirm rates and exemptions available for primary residences.
How close is Narragansett to nearby towns and amenities?
Narragansett is about 30 minutes south of Providence and within 20 minutes of South Kingstown, Wakefield, and Charlestown. It’s also near Newport and Middletown, which provide additional services, shops, and entertainment. The University of Rhode Island is just a short drive inland. Access to Route 1 makes commuting easier for those working in other parts of the state.
Is Narragansett suitable for full-time families or mostly retirees and vacationers?
Narragansett supports a broad mix of homeowners. While many retirees and second-home buyers are drawn to the beaches, several family-friendly neighborhoods offer year-round living. Access to public schools, beaches, and parks makes it appealing for those with children. Our team can help you explore neighborhoods that align with your lifestyle needs.
For a tour of Narragansett homes, contact us online or call (401) 680-6588 to speak with a local REALTOR® at Hogan Associates.
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