Westerly, RI Real Estate

According to census data in the year 2000 there were 7,799 housing units in Westerly. This represents a 11.1% growth from 7,019 in 1990.

Of those housing units, 7,389 were located in either urbanized areas or urban clusters, and 410 were located in what is classified as a rural area.

Homeownership rate in Westerly is about 60.8%. Westerly's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Westerly were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom14.60%
Two Bedrooms30.50%
Three Bedrooms37%
Four Bedrooms12.40%
Five Bedrooms or more4.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1970
Median Value of occupied units$147,000
Median Price asked for vacant units$116,700

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1955
Median Monthly Rent asked for vacant units$631

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4%
Home Equity Loan9%
Simple Mortgage51.30%
Debt Free35.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%