02816, Coventry, RI Housing Market

ZIP code 02816's median home value is $456K, up 7.3% over the past year. Homes here sell in a median 31 days. Its PropertyIQ Score of 71 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

The 02816, Coventry, RI housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 02816 captures neighborhood-specific demand patterns within RI, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

ZIP-level analysis in New England uncovers hyperlocal affordability pockets that county and metro averages obscure. PropertyIQ scores each ZIP code to reveal where demand signals within individual neighborhoods suggest outperformance relative to the state benchmark, giving investors granularity that broader geographic analyses miss. Within the New England, ZIP code 02816's PropertyIQ Score of 71 ranks among the New England's stronger demand signals.

The PropertyIQ Score for 02816, Coventry, RI is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 02816, Coventry, RI's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.