New Shoreham, Rhode Island.
Typical home $1,824,301 (+4.4% in a year). Providence-Warwick, RI-MA metro.
to buy the typical home at today's mortgage rate — +$6,419 (+203%) since Jan 2020.
- 1 year
- Up $76,581 +4%
- $1,747,720$1,824,301 since Sep 2025
- 5 years
- Up $649,249 +55%
- $1,175,052$1,824,301 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Shoreham$9,575
- Rhode Island$2,669
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in New Shoreham, RI rose 4.4% over the past year — faster than the nation's +1.2%.
Living in New Shoreham, Washington County, Rhode Island
New Shoreham is a town of 1,410 people in Washington County. Unemployment in Washington County was 2.9% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most people in Washington County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Shoreham is the town that covers Block Island, a small island community off the Rhode Island coast, where year-round residents are few and nearly everyone is a short trip from everything else. Home values are far higher than a typical American home, and household incomes across Washington County are comfortably above what most of the country sees. Winters are cold, with January highs near freezing, while July is warm without being extreme, and the year brings a fair amount of rain and melted snow.
Work. Residents work mainly in schools, hospitals and social care, in professional and business services, in manufacturing, and in restaurants, hotels and entertainment. Commutes are very short, much shorter than for most American workers. Across Washington County, some of the largest workplaces are General Dynamics Electric Boat, the University of Rhode Island and South County Hospital, and unemployment there has eased a little over the past year.
Things to do. Within or beside town are the Block Island National Wildlife Refuge, a protected area, and the Block Island Historical Society, a museum. For a longer drive, Misquamicut State Beach is a beach, and Mystic Seaport is a museum about the region's seafaring past.
Report a mistake
- 8 mintypical commute
What people in Washington County work in
Employed residents by industry, from the Census survey. Washington County had 59,618 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 24°; warmest in July, with highs near 82° and lows near 66°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Westerly State Airport weather station, 16 miles away (NOAA).
Largest workplaces in Washington County
- General Dynamics Electric BoatShipyard7,658
- University of Rhode IslandUniversity or college3,239
- South County HospitalGeneral hospital934FTE
- Ocean State Job Lot RI1105General warehousing and storage630
- North Kingstown SchoolsSchool district580FTE
- THE Westerly HospitalGeneral hospital537FTE
- Toray Plastics (America)Packaging film, plastics, single-web or multiweb, manufacturing515
- Chariho SchoolsSchool district500FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 107 workplaces with 20 or more staff, 18,236 people in all across the county; New Shoreham has one of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HurricanesRelatively moderate
- Coastal floodingRelatively moderate
- Inland floodingRelatively moderate
- Ice stormsRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Washington County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Washington County and the Providence-Warwick, RI-MA metro.
New Shoreham home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Shoreham$1,824,301
- Rhode Island$508,507
- United States$366,157
Sellers are cutting prices on about 1 in 4 New Shoreham listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New Shoreham19
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a New Shoreham address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Shoreham — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.