Commercial Real Estate Market in North Kingstown, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
75 active listings and 648 off-market properties in North Kingstown, RI. Commercial property asks $110/SF to buy and $15.87/SF/Yr to lease.
Market Trends
North Kingstown, RI spans 30.8 square miles in Washington County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in North Kingstown, RI runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in North Kingstown, RI runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in North Kingstown, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in North Kingstown, RI runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
North Kingstown, RI has 23,579 residents in 10,589 households. Density runs 765 people per square mile. Median household income here is $112,457 and median gross rent $1,188 a month.
23,579
Population
10,589
Households
2.2
Avg Household Size
47
Median Age
49%
College-Educated
96%
High-School Grad
30.8 sq mi
ZIP Area
765
Density / Sq Mi
$112,457
Median Household Income
$60,020
Median Earnings
$1,188
Median Rent
$461,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Greenwich | — | $22.25 |
| Narragansett | — | $15.65 |
| South Kingstown | — | $20.32 |
| Jamestown | — | — |
Commercial property in North Kingstown, RI asks $110/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Kingstown?
Commercial property in North Kingstown, RI asks an average of $110 per square foot. The 5 most recent recorded sales traded at a median of $178/SF.
How much does it cost to lease commercial space in North Kingstown?
Asking lease rates in North Kingstown, RI average $15.87 per square foot per year.
Where does Realmo's North Kingstown market data come from?
Realmo compiles North Kingstown, RI figures from 6 recent recorded sales, 48 active sale listings, 27 active lease listings, 648 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 27 active for-lease listings in North Kingstown, RI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
