Median price of R.I. single-family home up 5.9% in 2018

THE PRICE OF A SINGLE-FAMILY home in Rhode Island in 2018 increased 5.9 percent year over year to $270,000. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE
THE PRICE OF A SINGLE-FAMILY home in Rhode Island in 2018 increased 5.9 percent year over year to $270,000. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE
PROVIDENCE – The median price of a single-family home in Rhode Island in 2018 was $270,000, a 5.9 percent increase from 2017’s $255,000 median, according to the Rhode Island Association of Realtors Thursday. Yearly sales declined 5.6 percent to 10,670 from 11,305. The average days on market for a home declined 9.8 percent year over…

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