Providence, RI Home Values & Market Trends

Real estate market trends reflect that there have been 1,127 transactions over the past year in Providence. The median value for residential home transactions that occurred over the previous year is $437,013. The number of current listings in Providence is 1,401, and the percentage of properties for sale in the city is 1401.00%. Providence, RI currently has 31 properties in foreclosure, 13 bank owned properties, 18 properties headed for auction, and 1,401 properties for sale.

Providence, RI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
02908

$ 426,499

$ 321/sqft

02907

$ 392,940

$ 281/sqft

02904

$ 428,662

$ 348/sqft

02903

$ 449,950

$ 455/sqft

02906

$ 971,489

$ 512/sqft

02918

$ 302,132

$ 389/sqft

02905

$ 436,384

$ 318/sqft

02912

$ --

$ --

02909

$ 395,984

$ 331/sqft

02902

$ --

$ --

Housing Market Summary for Providence, RI

Sep 2025September 2026Change
Median Listing Price$495K$499K0.81%
Median Sold Price$477.5K$473.9K-0.76%
Homes For Sale9851,36938.98%
Homes Sold437258-40.96%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Providence, RI

Providence home values range from $179,349 to $3,982,346. The median estimated value of a home in Providence is $437,013. The median list price of a home is 499,000, and the total count of properties in the city is 1,714.

Foreclosure
There are 10 zips within Providence, RI; within these zips, the median estimated home value for homes in foreclosure ranges from $469,000 in 02909 to the lowest value of $259,861 in 02909. Foreclosure homes account for 1.00% of properties in Providence, RI with 02909 containing 12 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Providence, RI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Providence, RI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Providence, RI ranges from the highest value of $435,471 in 02903 to the lowest value of $327,700 in 02905. Bank owned homes and properties account for 0.76% of properties in Providence, RI. There are 10 zips within Providence, RI; 02909 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02909 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Providence, RI. Auction homes and other auction properties account for 1.05% of all properties in Providence, RI. There are 10 zips within Providence, RI; of those zips, the median estimated home value for homes going to auction ranges from $408,608 in 02908 to the lowest value of $259,861 in 02908.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.74% of residential properties in Providence, RI with 02908 containing 367 homes for sale, the highest number of listed properties in a single zip. There are 10 zips within Providence, RI; homes for sale in those zips, have a range of median values from $302,132 in 02918 to the lowest value of $86,755 in 02904.
    Sold Homes
    The median value for recently sold homes ranges from $1,294,604 in 02905 to the lowest price of $125,850 in 02905. There are 10 zips within Providence, RI. 02904 has 115 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 14.64% of properties in Providence, RI.

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      Guide for Providence, RI

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.