The story of this market
The typical home in ZIP 02908 sells for about $450,000, or $245 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,409 a month.
ZIP 02908 — Providence
The 02908 housing market remains competitive due to limited inventory and steady demand from students and urban professionals. Prices have seen moderate year-over-year growth, supported by the area's central location and proximity to major employment hubs. While affordability remains a concern for renters, the market shows resilience with stable sales activity.
This ZIP is well-suited for urban professionals, students, and families looking for proximity to Providence's educational and employment hubs at a more accessible price point than the city's luxury districts.
Median prices moved up 4.2% year over year.
Homes spend a median of 32 days on market with 2.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.9% · poverty 16.3% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02908, Providence County RI
Crime rates in the 02908 area are generally higher than the national average, consistent with urban density patterns in Providence, though specific neighborhood trends vary.
Public schools in the area are part of the Providence Public School District, which faces ongoing challenges regarding performance metrics and resource allocation.
The area is primarily an urban environment with low wildfire risk, though localized urban flooding can occur during extreme weather events.
Economic momentum is driven by the proximity to downtown Providence, major healthcare institutions, and higher education anchors like Providence College.
Property taxes are assessed by the City of Providence based on the property's fair market value, with specific exemptions available for owner-occupants and seniors.
Residents benefit from proximity to I-95 and I-146, providing direct access to the Providence employment core and transit links to Boston.
The area features access to local parks such as the Mount Pleasant neighborhood green spaces and is within a short drive of downtown Providence's cultural and shopping districts.
The rental market is characterized by high demand and low vacancy rates, driven by the student population and urban professionals seeking proximity to the city center.
The economy is anchored by healthcare, education, and government services, with significant employment provided by local universities and hospitals.
The area is served by RIPTA bus routes and provides easy access to major highway corridors connecting to the broader New England region.
Development focus remains on adaptive reuse of older structures and increasing housing density near transit corridors.
Parcels are subject to Providence municipal taxes and the Providence Public School District jurisdiction.
Standard property insurance coverage is available, with premiums influenced by urban density and proximity to coastal flood zones.
Data retrieved from Census Reporter and US Zip Codes.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Supercharged Entertainment4.515.9 mi
- Urban Air Trampoline and Adventure Park4.516.9 mi
- United Skates of America4.34.1 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.63.6 mi
- Dave & Buster's Providence4.21.2 mi
- Gillette Stadium4.619.6 mi
- The Xfinity Center4.215.4 mi
- Supercharged Entertainment4.515.9 mi
- Patriot Place4.619.5 mi
- Amica Mutual Pavilion4.41.4 mi
- Bally's Lincoln3.93.5 mi
- Roger Williams Park Zoo4.63.5 mi
- RISD Museum4.71.6 mi
- Lincoln Woods State Park4.64.1 mi
- Showcase Cinema de Lux North Attleboro4.69.4 mi
- RISD Museum4.71.6 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.817.3 mi
- Providence Children's Museum4.62 mi
- Blithewold Manor, Gardens & Arboretum4.715.4 mi
- The Providence Athenaeum4.81.7 mi
- Lincoln Woods State Park4.64.1 mi
- Roger Williams Park4.73.5 mi
- Goddard Memorial State Park4.612.5 mi
- Slater Memorial Park4.65.3 mi
- Rocky Point State Park4.710.8 mi
- The Cove | Restaurant & Marina4.316.8 mi
- Herreshoff Marine Museum4.714.7 mi
- Harbor Lights Dining Events Golf Marina4.410.8 mi
- East Providence Yacht Club4.32.9 mi
- Rhode Island Yacht Club4.65.5 mi
- Topgolf Rhode Island4.36 mi
- Kirkbrae Country Club4.67.6 mi
- Triggs Memorial Golf Course4.21.2 mi
- Swansea Country Club4.410 mi
- Harbor Lights Dining Events Golf Marina4.410.8 mi
- Providence Place4.41.2 mi
- Warwick Mall4.38.1 mi
- Garden City Center4.65.4 mi
- Emerald Square Mall48.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and cultural hub.
Local green space serving the neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.