Providence, RI housing market
The typical Providence home is worth about $435,000, up 2.3% in a year, 15% below the Rhode Island typical home. Homes typically sell in 34 days, a little above asking.
Home values, sales, trends and how Providence compares with the towns next door — updated as new data is published.
Providence at a glance
A seller's market
Supply is tight — about 2.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Providence | Rhode Island |
|---|---|---|
| 2017 | $201,000 | $262,000 |
| 2018 | $223,000 | $281,000 |
| 2019 | $245,000 | $296,000 |
| 2020 | $259,000 | $308,000 |
| 2021 | $294,000 | $344,000 |
| 2022 | $339,000 | $390,000 |
| 2023 | $362,000 | $423,000 |
| 2024 | $396,000 | $456,000 |
| 2025 | $424,000 | $489,000 |
| 2026 | $430,000 | $502,000 |
| August 2026 | $435,000 | $511,000 |
Providence and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Providence | $435K | +2.3% | 34 | $68,119 |
| East Providence | $447K | +2% | 17 | $75,912 |
| Johnston | $456K | +1.9% | 29 | $91,866 |
| Cranston | $458K | +1.4% | 26 | $90,206 |
| North Providence | $417K | +2.2% | 20 | $83,756 |
| Pawtucket | $401K | +1.5% | 19 | $68,310 |
6.4 years of income
The typical Providence home costs about 6.4 years of the town's median household income, more than across Rhode Island (5.8 years).
How Providence ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.