QuantaLoan Market Research

Rhode Island
Rhode Island

Westerly, RI 02891

Westerly (02891) has an estimated 21,198 residents with 20,895 of those people in approximately 9,112 housing units. The 02891 zipcode contains 4,097 housing units that are owned with a mortgage or a loan, 1,837 housing units that are owned free and clear and 3,178 housing units that are renter occupied.

In Westerly (02891) the median listing price of $499,000 has grown by $4,000 since 2018-10.

In 2018 the average percentage drop was 3.25% of original listing price.

Zip code 02891 is in the Providence-Warwick metropolitan area.
The median estimated home value in Westerly, RI (02891) is $327,800 as of 2018-10-31

In Westerly, RI (02891), values have declined by -0.09 from when they peaked at $360,600 in 2005-Q3

The Zillow Market Health Index for Westerly, RI (02891) is 4.02. The corresponding state value is 2.94. This is higher than the overall Market Health Index of RhodeIsland.
Metro value is 3.21.
This is higher than the overall Market Health Index of Providence-Warwick.

Demographics of Westerly zipcode 02891
The median age here is 45.00. This age is 118.4% the national median age.
This population is significantly older.
The number of male residents is 10,131 with a median age of 43.30 years. The number of female residents is 11,067 with a median age of 46.30 years. This yields a ♂ to ♀ ratio of 0.92
The average household is 2.29 persons and has an income of $60,557.
The average family size in Westerly is 2.87.
Area Code: 401
Time zone: Eastern USA
Region: Northeast - New England
Has Daylight Saving: Yes
Businesses: 727
Employment: 7,692
Medicare Area: Providence-Warwick, RI-MA

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Map of Westerly, RI 02891