Median real estate price in the Town Center of East Greenwich is $341,851, which is more expensive than 80.3% of the neighborhoods in Rhode Island and 76.5% of the neighborhoods in the U.S.
The average rental price in East Greenwich Town Center is currently $1,394, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.4% of the neighborhoods in Rhode Island.
East Greenwich Town Center is a suburban neighborhood (based on population density) located in East Greenwich, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the Town Center of East Greenwich, RI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
East Greenwich Town Center has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.