Providence, RI—02908
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$423,000
2.4% YoY Growth
Household Income
$74,300
57.6% YoY Growth
Days on Market
40
35.0% Longer YoY
Home Price Forecast
2.6%
Median Rent
$2,260
11.3% YoY Growth
1-Bed Rent
$1,500
0.0% YoY Growth
2-Bed Rent
$2,000
7.3% YoY Growth
3-Bed Rent
$2,400
12.5% YoY Growth
Home Price Trends — Providence, RI
As of May '26, the median home price in Providence, RI is $423,000, with a year-over-year change of 2.4%. This indicates that home prices in Providence, RI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $423,000 | 2.4% |
| Single Family | $427,000 | 2.2% |
| Condos | $354,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |