The median price of single-family homes sold in Rhode Island last month climbed 16.1 percent from 12 months earlier, to $375,000, the Rhode Island Association of Realtors announced on Wednesday.
For home buyers, there may be a little bit of good news in Rhode Island. The median price of a single-family home has dropped from a record high in August of $390,000 to an October level of $377,500.