The story of this market
The typical home in ZIP 02903 sells for about $459,750, or $465 per square foot.
Prices are down 5.19% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,713 a month.
ZIP 02903 — Providence
The 02903 real estate market shows a decline in median listing prices and a significant increase in days on market, reflecting a cooling trend. The area is heavily renter-dominated with high demand for urban living, though specific figures for closed sales and tax rates are not currently published for this ZIP.
This ZIP is best suited for young professionals and urban renters who prioritize proximity to downtown employment and city amenities over suburban family space.
Median prices moved down 5.2% year over year.
Homes spend a median of 34 days on market with 0.0 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 20.8% — a stable, low-distress profile.
ZCTA 02903, Providence County RI
The area serves as the central business and government hub of Providence, housing City Hall and significant urban infrastructure.
The ZIP is centrally located in downtown Providence, offering high walkability and proximity to major transit corridors and employment centers.
The area features urban amenities including proximity to downtown shopping, dining districts, and local parks within the city core.
The market is a strong landlord's market with rents increasing 9.0% year-over-year and high vacancy pressure.
The economy is anchored by government, education, and professional services within the downtown Providence core.
The area is highly accessible via major highway and transit corridors serving the Providence-Warwick metropolitan region.
The city is actively pursuing housing production and preservation initiatives through the Providence Housing Progress Report.
Data retrieved from Census Reporter and Data Commons.
- Supercharged Entertainment4.516.7 mi
- Urban Air Trampoline and Adventure Park4.518.4 mi
- United Skates of America4.33.6 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.64.8 mi
- Dave & Buster's Providence4.20.9 mi
- The Xfinity Center4.215.6 mi
- Supercharged Entertainment4.516.7 mi
- Amica Mutual Pavilion4.40.7 mi
- Rhode Island Convention Center4.40.7 mi
- Topgolf Rhode Island4.35.1 mi
- Bally's Lincoln3.95.3 mi
- Roger Williams Park Zoo4.61.8 mi
- RISD Museum4.70.7 mi
- Colt State Park4.811.2 mi
- Lincoln Woods State Park4.65.7 mi
- RISD Museum4.70.7 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.815.4 mi
- Providence Children's Museum4.60 mi
- Newport Car Museum4.918.4 mi
- Blithewold Manor, Gardens & Arboretum4.713.4 mi
- Colt State Park4.811.2 mi
- Lincoln Woods State Park4.65.7 mi
- Roger Williams Park4.71.7 mi
- Goddard Memorial State Park4.611.1 mi
- Rocky Point State Park4.79 mi
- The Cove | Restaurant & Marina4.314.9 mi
- Herreshoff Marine Museum4.712.7 mi
- Harbor Lights Dining Events Golf Marina4.49.1 mi
- East Providence Yacht Club4.31.2 mi
- Rhode Island Yacht Club4.63.6 mi
- Topgolf Rhode Island4.35.1 mi
- Kirkbrae Country Club4.69.3 mi
- Triggs Memorial Golf Course4.22.8 mi
- Swansea Country Club4.48.1 mi
- Harbor Lights Dining Events Golf Marina4.49.1 mi
- Providence Place4.40.9 mi
- Warwick Mall4.37.2 mi
- Garden City Center4.64.6 mi
- Emerald Square Mall49.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The historic seat of city government located in the heart of the ZIP.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).