Providence, RI—02905
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$409,000
2.8% YoY Growth
Household Income
$57,100
33.0% YoY Growth
Days on Market
40
18.0% Shorter YoY
Home Price Forecast
3.0%
Median Rent
$1,800
18.9% YoY Growth
1-Bed Rent
$1,500
28.8% YoY Growth
2-Bed Rent
$1,600
13.0% YoY Growth
3-Bed Rent
$2,350
17.0% YoY Growth
Home Price Trends — Providence, RI
As of Dec '25, the median home price in Providence, RI is $409,000, with a year-over-year change of 2.8%. This indicates that home prices in Providence, RI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 2.8% |
| Single Family | $412,000 | 2.7% |
| Condos | $346,000 | 5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |