R.I. home prices rise 10.1% in 2022 amid slowing sales

THE MEDIAN sale price of a Rhode Island home sold in 2022 was $401,926, a 10.1% increase year over year, according to data released by the Rhode Island Association of Realtors on Wednesday. / ASSOCIATED PRESS FILE PHOTO / ROGEILO V. SOLIS
PROVIDENCE – The median home sale price in Rhode Island in 2022 was $401,926, a 10.1% increase year over year, the Rhode Island Association of Realtors said on Wednesday. Sales in the state slowed in that time, totaling 9,535, a decline of 17.3% from 2021. “Last year was a pivotal year for the housing market…

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