Homes for Sale Under 500K in Cranston, RI

117 Homes for Sale

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Cranston, RI Housing Market Overview

Cranston's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 1.6-month supply of homes and properties spending 48 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

48

Inventory

117

Aug 2021Mar 2024Mar 2026

Median Home Price

$484,900Up 0.14%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
117 Down 0.18%
Newly Listed Homes
70 Down 0.21%
Months of Supply
1.6 Up 0.10%

Housing Demand

Homes Sold
54 Down 0.00%
Sale-to-List Ratio
99.9% Down 1.25%
Homes Sold Above List
48.1% Down 8.02%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Cranston Market Report
  • mls-img
    Based on information from State-Wide MLS through Sep 5, 2026, 9:45 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2025 State-Wide MLS, Inc. All rights reserved.

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Cranston, RI Housing Marketlink qauare
Homes Available icon

117

Homes Available

Median List Price icon

$ 484,900

Median List Price

Avg on Market icon

48 Days

Avg on Market

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