R.I.’s median home price rises to record $494K in June

THE MEDIAN PRICE of single-family homes sold in Rhode Island reached a record high in June at $494,000, the Rhode Island Association of Realtors said on Monday. /AP FILE PHOTO / ROGELIO V. SOLIS
THE MEDIAN PRICE of single-family homes sold in Rhode Island reached a record high in June at $494,000, the Rhode Island Association of Realtors said on Monday. /AP FILE PHOTO / ROGELIO V. SOLIS

WARWICK – The median price of single-family homes sold in Rhode Island reached a record high in June, rising 11.6% from a year earlier to $494,000, according to data from the Rhode Island Association of Realtors released Monday. The new monthly high is also up 7.3% from May’s median of $460,000. Despite the month of

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