Providence, RI—02907
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$403,000
2.6% YoY Growth
Household Income
$49,600
27.3% YoY Growth
Days on Market
48
19.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$2,050
13.2% YoY Growth
1-Bed Rent
$1,950
33.3% YoY Growth
2-Bed Rent
$1,850
13.6% YoY Growth
3-Bed Rent
$2,350
15.0% YoY Growth
Home Price Trends — Providence, RI
As of May '26, the median home price in Providence, RI is $403,000, with a year-over-year change of 2.6%. This indicates that home prices in Providence, RI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $403,000 | 2.6% |
| Single Family | $408,000 | 2.5% |
| Condos | $298,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |