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Westerly Real Estate

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Westerly Real Estate & Homes for Sale in Rhode Island

New Listings

16 West Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

Downtown Westerly and High St
5 Bed, 3 Bath
3,021 Sq.Ft
$329,900

Price Reduced

29 Pond Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

3 Bed, 1 Bath
1,287 Sq.Ft
$170,000

Pool

33 Bay Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

WATCH HILL WATERFONT
6 Bed, 7.50 Bath
6,417 Sq.Ft
$16,750,000

Waterfront

38 Bay Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

Watch Hill
2 Bed, 2 Bath
1,000 Sq.Ft
$949,950

Two Story

38 First Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

Misquamicut
2 Bed, 2 Bath
1,232 Sq.Ft
$475,000

Golf Course

87 Franklin Street, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

Franklin St & Airport Road
3 Bed, 1 Bath
1,059 Sq.Ft
$375,000

Loft

25 Salt Pond Way, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

COVE ROAD
2 Bed, 1.50 Bath
1,060 Sq.Ft
$459,900

Gated

34 Ice Pond Road, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

No Bottom Pond
0 Bed, 0 Bath
0 Sq.Ft
$194,000

Cul De Sac

7 Sleepy Hollow Court, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

3 Bed, 2 Bath
878 Sq.Ft
$239,000

Custom Built

27 Newbury Drive, Westerly in Washington County, RI 02891 Home for Sale

Westerly, RI

Shore Road
3 Bed, 3.50 Bath
2,477 Sq.Ft
$1,100,000

Westerly, Rhode Island
Average Home Sizes and Asking Prices

Updated On: October 16, 2019

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR	2 BR		#Lst
02891	2,800 sf	$1,402,000	1,800 sf	$687,000	112		1,400 sf	$532,000	36

02891 - 3 Bedroom Homes
# of Listings and Avg Price*

2 Years Ago	64	$610k
1 Year Ago	48	$721k
6 Months Ago	36	$794k
1 Month Ago	55	$711k
Today	57	$681k

*Averaged for 3 bedroom active listings

Asking Price in 02891 - 3 Bedroom Single Family Homes

Demographics & Schools

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Westerly Real Estate & Homes for Sale in Rhode Island

Welcome to the wonderful community of Westerly, Rhode Island. This seaside town located right on the shores the Atlantic Ocean is home to roughly 23,000 residents. The Pawcatuck River flows on the western border of the city, while along the coast lies several salt ponds.

Westerly is particularly known for their pristine beaches and becomes quite the bustling tourist attraction during the summer months. In addition to their well-known beaches, Westerly is known for their many historic sites. A few of these sites include the stunning Wilcox Park, the Bradford Village Historic District, the Westerly Armory, Main Street Historic District, Watch Hill Historic District, and the always active Westerly Downtown.

In addition to its vibrant history, Westerly is known for its former granite mining and stone-cutting industries, which plays a pivotal part in the local culture. Westerly's local culture also includes a number of fun events held throughout the year such as the Pawcatuck River Duck Race in April, the Neighbor Day Event, and the Virtu Art Festival in May, and Shakespeare in the Park throughout the summer months.

With their wonderful beaches, historic background, and friendly locals, Westerly is an ideal community to live in year round!

| Westerly Living & Community Info |

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Westerly Real Estate Market Info - Prices of Houses for Sale in Westerly

There is a very wide variety of real estate options in Westerly. Whether you are looking for a beautiful beachfront home, a quaint summer home, or even a charming condo in Westerly Downtown, this community has it all. Westerly is technically located in South County and is divided into a number of unique villages--each of which has their own unique style of homes. A few of the most popular villages include Shelter Harbor, a peninsula that contains both year round and summer homes with a rustic feel; Misquamicut, which is known for its sandy beaches; Weekapaug, which is home to the Weekapaug Inn and is a private community; and Watch Hill, which is filled with beautiful Victorian homes, oceanfront homes, the historic Flying Horse Carousel, and the Ocean House (Awarded the Forbes 5 Star 2013).

The average price for a three bedroom/two bathroom home in the Westerly area is roughly $400,000. Interested buyers will also find that average listing prices for a 2-bedroom/2-bathroom condo or townhome in Westerly run at approximately $315,000. There are also a number of luxury homes in the Westerly area, many of which start around $800,000.

Westerly Real Estate Stats and Trends for the week of October 16th, 2019: homes priced around $687,145 compared to $520,400 the previous week, showing a increase of more than +24%. For Wednesday, October 16th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.