02825, Foster, RI

Home Equity and Home Prices in the 2825 Zip Code of Foster, RI

The 2825 zip code of Foster, Rhode Island has a median home value of $135,000. This is significantly lower than the statewide median home value of $257,500. The average home value in this zip code is also much lower than the national average home value of $217,500.

There are a number of factors that may contribute to the low home values in this zip code. One reason may be that there are fewer homes available for sale in this area. Another factor may be that many homes here are older and have been in the same family for generations. Additionally, many homeowners here may not be able to afford to raise their prices because they are already below market rates.

Despite these factors, there are still a few homes available for purchase in this zip code at reasonable prices. If you are interested in purchasing a home here, it is important to do your research and compare different properties before making an offer.