The story of this market
The typical home in Providence, Rhode Island sells for about $446,000.
Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $2,400 a month.
Monthly price momentum
Home values since 2015
+5.7%
RI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Providence, Rhode Island
Providence's housing market shows a median listing price of $446,000 with a relatively quick turnover of 31 days on market. The city maintains a high renter population, with a median gross rent of $1,408, reflecting the urban nature of the local housing stock. Market conditions remain stable, driven by the city's role as an educational and healthcare hub.
No ARED county foreclosure postings attributed to Providence yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 10 researched ZIP reports of 11 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 3.0% year over year.
Homes spend a median of 21 days on market with 0.0 months of supply — a fast-moving market.
5% of listings have cut prices · homes sell at 0.92% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 20.7% — a mixed stability profile.
- Supercharged Entertainment4.516.3 mi
- Urban Air Trampoline and Adventure Park4.517.9 mi
- United Skates of America4.33.4 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.64.3 mi
- Dave & Buster's Providence4.20.3 mi
- Gillette Stadium4.619.9 mi
- The Xfinity Center4.215.3 mi
- Supercharged Entertainment4.516.3 mi
- Patriot Place4.619.9 mi
- Amica Mutual Pavilion4.40.3 mi
- Bally's Lincoln3.94.8 mi
- Roger Williams Park Zoo4.62.4 mi
- Colt State Park4.811.8 mi
- RISD Museum4.70.3 mi
- Lincoln Woods State Park4.65.2 mi
- RISD Museum4.70.3 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.815.8 mi
- Providence Children's Museum4.60.6 mi
- Newport Car Museum4.918.9 mi
- Blithewold Manor, Gardens & Arboretum4.714 mi
- Colt State Park4.811.8 mi
- Lincoln Woods State Park4.65.2 mi
- Roger Williams Park4.72.2 mi
- Goddard Memorial State Park4.611.6 mi
- Rocky Point State Park4.79.6 mi
- East Providence Yacht Club4.31.4 mi
- Rhode Island Yacht Club4.64.2 mi
- Fairwinds Marina4.69.5 mi
- Topgolf Rhode Island4.35.5 mi
- TPC Boston4.714.6 mi
- Kirkbrae Country Club4.68.8 mi
- Triggs Memorial Golf Course4.22.5 mi
- Swansea Country Club4.48.5 mi
- Wrentham Village Premium Outlets4.515.2 mi
- Providence Place4.40.4 mi
- Warwick Mall4.37.6 mi
- Garden City Center4.65 mi
- Emerald Square Mall49 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A prestigious Ivy League institution that serves as a major anchor for the city's intellectual and economic life.
A prominent private Catholic college contributing to the city's educational landscape and local economy.
A sprawling historic park featuring a zoo, botanical center, and museum, serving as a primary recreational hub for residents.
A major regional shopping and entertainment destination located in the heart of downtown Providence.
A neighborhood known for its significant collection of Victorian-era architecture, contributing to the city's cultural character.
The city serves as a central transit hub for Rhode Island, featuring significant highway access and public transportation infrastructure that supports regional commuting.
Providence's economy is anchored by its higher education and healthcare sectors, with major institutions like Brown University and Providence College driving local employment and innovation.
Development efforts are currently focused on waterfront revitalization and urban infill projects aimed at increasing housing supply and modernizing city infrastructure.
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.
Data retrieved from Census Reporter and QuickFacts.