Bristol County, Rhode Island Housing Market

In Bristol County, Rhode Island, the median home value is $513,800, with a median monthly rent of $1,528. This places Bristol County at #128 nationally out of 3134 counties by median home value, and #2 within Rhode Island.

Median Home Value $513,800
Median Rent $1,528/mo
Owner Occupancy 71.8%
Price/Rent Ratio 28.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Bristol County rose +4.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,138
jobs (private sector)
  • Avg weekly wage: $1,241
  • Establishments: 2,352
  • BLS QCEW, 2025
🏗️

Housing Supply

76
new units authorized (2025)
  • Single-family: 22
  • Multi-family: 54
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1131
net migration (filers, 2021-2022)
  • Inflow: 21,701 (avg $151,586)
  • Outflow: 20,570 (avg $150,195)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Bristol County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 02885 325.5 +3.41% 2025
2 02806 342.3 +7.26% 2025
3 02809 332.7 +2.32% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Bristol County Compares

MetricBristol CountyRhode Island AverageU.S. Average
Median Home Value $513,800 $474,800 $227,706
Median Gross Rent $1,528 $1,441 $968
Owner Occupancy Rate 71.8% 69.4% 73.3%
Price/Rent Ratio 28.0 27.3 18.7

Market Analysis

The median home value in Bristol County is 8.2% above the Rhode Island state average and 125.6% above the U.S. national average. The median rent of $1,528/month is 6.0% above the state average.

With a price-to-rent ratio of 28.0, Bristol County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Bristol County has an owner-occupancy rate of 71.8%, compared to 69.4% in Rhode Island and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Benton County Oregon $513,000 $1,410
Kendall County Texas $512,700 $1,606
Ada County Idaho $512,300 $1,577
Mendocino County California $512,200 $1,317
Washington County Rhode Island $510,800 $1,327

Other Counties in Rhode Island

CountyMedian Home ValueMedian RentOwner Occ.
Washington County $510,800 $1,327 77.5%
Newport County $609,700 $1,713 67.9%
Providence County $373,600 $1,312 56.9%
Kent County $366,100 $1,327 73.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).