South Kingstown RI Real Estate Market May 2024 Update

South Kingstown Real Estate Market May 2024 Report


Find the Best Buys for South Kingstown Homes and Condos Here


The South Kingstown real estate market this month for single family sold homes decreased this month over last month by 12%.  Pending home sales are up by 30% over the prior month.  This month’s home sales report is provided & compiled by Ginny Lacey Gorman of RI coastal real estate.  

South Kingstown RI Real Estate Market May 2024 Update


The Current Housing update for South Kingstown follows:


  • Properties currently active on the market:  66 homes (13 of these homes are already in sales agreement awaiting closing).
  • Single-family properties closed in the month:  15
  • Average sales price: $ 829,000 
  • Median sales  price: $ 708,000
  • Sales price to list price ratio: 97%  (100% prior month)
  • Average days on the market: 21  
  • Sales currently pending: 26
  • The $477 is the average (median is $393) above ground per square foot cost so far this year in a South Kingstown sold home.
  • The average sold home is a 3 bedroom, 2 bath home with 1600 square feet of living space this year so far.

South Kingstown home absorption rate indicates it is a sellers home market with 4.4  months of home inventory. 

  • Breakdown of the 15 South Kingstown sold homes is as follows for the month:home sold under $300,000,homes sold between $300,000-$400,000, 9 homes sold for more than $400,000 but less than a million andhomes sold over $1 million.
  • The highest priced home sold this month in South Kingstown coastal RI real estate is $2,300,000 in the Great Salt Pond neighborhood.

In 2024 South Kingstown real estate market sold prices ($703,000 on average and the median price is $609,000) are up by 14% (median home sold price is up 14% in 2024 too).  2024 had 26% more homes sold compared to 2023 so far. The average home sold here is a 3 bedrooms, 2 baths and 1600 of above ground square feet in 2024.


Here are the most current and up to date South Kingstown homes for sale under $600,000:



Here are the most current and up to date South Kingstown homes for sale over $600,000:


Here are the most current and up to date South Kingstown condos for sale:



Get to know one of the newer South Kingstown condo complexes called South Shore Village. The South Shore Village condos are near the ocean beaches.  It is a 55+ community and all condo units are standalone homes on one level.

A Buyer’s Agent is Needed when Buying a Home so reach out to me, Ginny Gorman, at 401.529.7849.  My purpose is to guide you well financially and responsibly in home buying.

Use a buyer representative other than the builder’s representative when purchasing a new construction home.  You want a buyer’s agent who protects you from unnecessary fees and/or upgrades.  Call me, Ginny Gorman, as your real estate agent when looking to purchase here in RI.

Know Ginny Gorman, an experienced RI coastal real estate agent, lists and sells South Kingstown homes with Trust and Integrity

If you are thinking of selling your home, land or condo, please call me, Ginny Gorman, for your home market analysis at 401.529.7849 or email at

My RI real estate coastal neighborhood knowledge sells homes by attracting buyers with my online presence.

I have  lived, raised my family here andwork.  Being the go to Realtor in Rhode Island is great for my clients.

Entrust your home to a South Kingstown specialist and a top selling real estate agent like Ginny Gorman.  Reach out to me, Ginny Gorman, at 401.529.7849 or at today.  The nooks and crannies of RI motivate me too to help you reach your home goal!

 Real estate is my passion…marketing is my business…and is in my DNA!

South Kingstown Home Sales for May Report 2024 is information for RI sellers.


I would love the opportunity to help you market, sell your home for the best price and earn your trust.  I am a totally ‘hands on’ South Kingstown RI coastal real estate agent.  I leave no home unknown for my RI buyers and sellers!  My state of the art marketing sells home well.  Always contact me, Ginny Lacey Gorman, today at 401.529.7849 or email me at