R.I.’s single-family home price falls for first time since 2017, to $500K in May

THE MEDIAN sale price of single-family homes in Rhode Island was $500,000 in May, 2.5% lower than a year ago, the Rhode Island Association of Realtors said Thursday.  / ASSOCIATED PRESS FILE PHOTO/ROGELIO V. SOLIS

WARWICK – The median sale price of single-family homes in Rhode Island dropped for the first time in nine years, to $500,000 in May, the Rhode Island Association of Realtors said Thursday.   That price is 2.5% lower than a year ago and the first year-over-year drop in the median sale price of a single-family home

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