The story of this market
The typical home in ZIP 02814 sells for about $462,550, or $255 per square foot.
Prices are down 7.5% from a year ago, which gives buyers more room to negotiate. Homes take about 41.5 days to sell. HUD's fair market rent for a two-bedroom is $901 a month.
ZIP 02814 — Glocester
The Chepachet housing market shows signs of stability with high owner-occupancy and strong median household incomes, though recent sales data indicates a slight cooling in price growth. The area remains a desirable, established community for families, supported by a low unemployment rate and consistent demand for single-family homes. Limited inventory continues to constrain market activity, keeping the market competitive despite broader economic headwinds.
This ZIP code is best suited for family buyers and those seeking a quiet, rural-suburban lifestyle who are comfortable with a longer commute to regional employment centers.
Median prices moved down 7.5% year over year.
Homes spend a median of 42 days on market with 1.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 5.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
net influx — more people moved in than out
ZCTA 02814, Providence County RI
The area is served by the Foster-Glocester Regional School District, which generally maintains a positive reputation within the region.
FEMA's National Risk Index rates the area's natural-hazard risk as Relatively Moderate, with specific concerns regarding flood and hurricane exposure.
The area maintains a stable, rural-suburban economic profile with limited large-scale industrial development, relying on regional employment hubs in Providence.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Rhode Island) — Local Property Tax Assessment: Property is assessed at full and fair cash value. The tax is calculated by multiplying the assessed value by the local tax rate (mill rate). Municipalities may apply homestead exemptions or tax classifications (residential vs. commercial) as authorized by state law.
Residents primarily rely on personal vehicles for commuting, with Putnam Pike (Route 44) serving as the primary corridor toward the Providence employment core.
The area features significant natural amenities including the George Washington Management Area and various local trails, with limited high-density retail shopping within the immediate 3-mile radius.
The rental market is characterized by low inventory and high owner-occupancy rates, with limited multi-family housing stock available.
The local economy is largely driven by small businesses, local services, and regional employment in the broader Providence-Fall River metro area.
Transportation is heavily dependent on private vehicle use, with Route 44 acting as the main artery connecting the area to the wider Providence transit network.
There are no major large-scale commercial or residential developments currently reported for this rural ZIP code.
The Providence County assessment regime is managed by individual town assessors, with Glocester conducting periodic revaluations to align assessments with market values.
Parcels are subject to the Foster-Glocester Regional School District tax levies and local municipal property taxes.
Property insurance premiums are influenced by the area's moderate natural-hazard risk profile, particularly regarding flood and storm-related damage.
Data retrieved from ZipCodeDex and US Census Bureau ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Urban Air Trampoline and Adventure Park4.517.2 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.614.6 mi
- United Skates of America4.317.4 mi
- Dave & Buster's Providence4.215 mi
- Wide World of Indoor Sports4.49.1 mi
- Amica Mutual Pavilion4.415.1 mi
- Rhode Island Convention Center4.415.2 mi
- Topgolf Rhode Island4.316 mi
- Providence Performing Arts Center4.815.4 mi
- Wright's Farm4.47 mi
- Bally's Lincoln3.912.5 mi
- Southwick's Zoo4.712.4 mi
- Douglas State Forest4.69.6 mi
- Rustic Tri View Drive-In4.310.8 mi
- Johnston Memorial Park4.610.8 mi
- RISD Museum4.715.5 mi
- Providence Children's Museum4.615.7 mi
- The Providence Athenaeum4.815.6 mi
- The WaterFire Arts Center4.714.3 mi
- AS220's Empire Street Complex4.515.3 mi
- Logee's Plants for Home & Garden4.511.6 mi
- Douglas State Forest4.69.6 mi
- Johnston Memorial Park4.610.8 mi
- Blackstone Gorge4.710.4 mi
- Wolf Hill Forest Preserve4.67.8 mi
- Point Breeze4.211.8 mi
- East Providence Yacht Club4.316.8 mi
- Rhode Island Yacht Club4.618.3 mi
- Blissful Meadows Golf Club.4.58.9 mi
- Kirkbrae Country Club4.612.1 mi
- Triggs Memorial Golf Course4.212.9 mi
- Button Hole4.612.9 mi
- Raceway Golf Club4.48.9 mi
- Shaw's4.213 mi
- Kohl's4.29.2 mi
- Confreda Greenhouses & Farms4.612.2 mi
- Burlington4.211.7 mi
- Dave's Fresh Marketplace/Smithfield Crossing4.69.1 mi
- Rhode Island T.F. Green International Airport4.418.5 mi
- Worcester Regional Airport4.626.8 mi
- Boston Skydive Center510.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large state-managed forest area offering hiking, camping, and outdoor recreation.
The primary public library facility serving the Chepachet community.
Key-figure check: median price diverges 15.7% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.