All things pertaining to residential real estate in Rhode Island

2026 Property Tax Report · Connecticut

The list price tells you what a home costs to buy. It says nothing about what it costs to own — and in 2026, that second number is where Connecticut buyers get surprised. The same home, one town line apart, can carry a tax bill that differs by well over a thousand dollars a month.

10.85 Lowest rate
(Washington) 68.95 Highest rate
(Hartford) 28.39 Statewide
median 169 Towns in
this report

The number most buyers never check

Everyone shopping for a home watches the price. Far fewer ask the question that actually sets the monthly payment: what’s the property tax? In Connecticut, the answer comes from the town’s mill rate — the dollars…

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Rhode Island · Renovation Limits

Rhode Island’s 50% Rule Applies to Every Building in the State

Not just homes on the water. It’s written into state law, it runs on a fixed twelve-month clock, and it has three tiers — not one line.

Seaport Advisory  ·  Southern Rhode Island & Southeastern Connecticut Rhode Island's three tiers: restore in kind under 25%, official's discretion 25-50%, new code over 50%

Most people first hear about the 50% rule in a flood context — renovate a house past a certain point and the whole structure has to be brought up to current flood standards. That version is real, and it comes from the federal flood insurance program.

Rhode Island has its own, and it is broader. It sits in the state building code rather than in a local flood ordinance, which means it reaches a farmhouse in Hopkinton the same…

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Connecticut · Flood Zone Renovations

The 50% Rule Isn’t One Rule. That’s Why So Many Renovations Go Sideways.

Three separate rules share the same number. Almost nobody separates them — and in Connecticut, the one that decides your project is written by your town, not the state.

Seaport Advisory  ·  Southeastern Connecticut & Southern Rhode Island Three rules share the 50% number: federal substantial improvement, RI building code, local zoning nonconformity

A few days ago a group of us got into it over the 50% rule — the one that says you can only renovate a house in a flood zone so far before the whole building has to come up to current code. Everyone in the room knew the rule. Everyone in the room had a different version of it.

That’s not a knowledge problem. It’s that three separate rules share the same number, and almost nobody…

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Rhode Island Housing Market: The First Clear Softening

Rhode Island Housing Market: The First Clear Softening

For nearly four years, Rhode Island real estate has been tight—fast sales, multiple offers, and firm pricing. The latest data shows the first meaningful loosening: inventory is building faster than new contracts in many areas, especially along the coast.

The Key Metric: A/P (Active-to-Pending Ratio)

At Seaport Real Estate Services, we watch Active-to-Pending (A/P) as a clear read on market pressure:

  • A/P < 1.0 → more homes under contract than for sale: seller’s market
  • A/P ≈ 1.0 → supply ≈ demand: balanced market
  • A/P > 1.0 → inventory outpacing contracts: tilting toward buyers

Statewide Rhode…

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Tucked along a quiet private drive in the heart of Watch Hill, 14 Round Hill Rd offers a rare opportunity to own a coastal sanctuary defined by serenity, sophistication, and timeless New England charm. Abutting the prestigious Misquamicut Golf Club and just a short walk to the private East Beach, this residence is your invitation to live the Watch Hill lifestyle — elevated.

14 Round Hill Rd

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Designed for Living Beautifully

Built in 1987 and thoughtfully designed for modern living, this 2,538 SF contemporary home sits on a private .58-acre lot and blends natural beauty with architectural warmth. Step into an open-concept main level with soaring ceilings, a sunken living room with a striking brick fireplace, and walls of glass…

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Tax rates, even within a state, are not universal! In Rhode Island, commercial mill rates or tax rates differ compared to residential rates in many towns, but are the same in others. Based on the 2024 data, the average residential property tax for the 39 municipalities in Rhode Island is approximately 14.35, while the average for commercial property is about 20.37. Interestingly, 27 of the municipalities have a higher commercial rate! Why is there this discrepancy? What do some towns provide that makes the mill rate different?

A higher commercial tax rate often reflects the higher level of services available within the area. This discrepancy might also indicate the degree of reliance on property tax within the municipality. Tax rates tend to be…

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Real Estate Taxes in Rhode Island vary greatly by town and are typically correlated to the services which each town provides to its residents. A town with a lower Mill rate may not offer services such as public water and sewer, perhaps waste disposal, or a firehouse. Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in Rhode Island for 2024 is 14.43 with the highest being West Greenwich at 24.51 and the lowest being Little Compton at 4.96.

2024 RI Mill Rates

How to Calculate Rhode Island Property Taxes

The formula to calculate Rhode Island Property Taxes is (Assessed Value x Property Tax Rate)/1000= Rhode Island Property Tax. Take the…

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We at Seaport frequently receive requests to assist in producing videos for neighboring enterprises. We take great pleasure in lending our support however we can. In the attached video, you'll see how my son Christian and I collaborated with Colony Video to generate media content for Vanquish Boats, a company based in New Port, Rhode Island. Not only was this a fantastic opportunity to strengthen our father-son bond, but it was also an incredibly fun experience.

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Commercial Real Estate Taxes in Rhode Island vary greatly by town and are typically correlated to the services which each town provides.  A town with a lower Mill rate may not offer services such as public water and sewer, perhaps waste disposal, or a firehouse. Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average commercial property tax rate in Rhode Island for 2022 is 20.41 with the highest being Central Falls at 42.33 and the lowest being Little Compton at 6.04.  Please note that Property taxes can have a substantial impact on the cash flow of a property making it more or less appealing to a lender, investor, or potential owner occupant.  Contact a…

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Real Estate Taxes in Rhode Island vary greatly by town and are typically correlated to the services which each town provides to its residents. A town with a lower Mill rate may not offer services such as public water and sewer, perhaps waste disposal, or a firehouse. Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in Rhode Island for 2022 is 16.93 with the highest being Providence at 24.56 and the lowest being Little Compton at 6.04. 

2022 RI Mill Rates by Town Ranked

How to Calculate Rhode Island Property Taxes

The formula to calculate Rhode Island Property Taxes is (Assessed Value x Property Tax Rate)/1000= Rhode Island Property Tax. Take the Assessed…

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