| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $599,675 | -0.0% YoY |
| Median price per sq ft | $366 | 1,668 sq ft median |
| Median days on market | 32 | +3% YoY |
| Active listings | 2,342 | +7% YoY |
| New listings this month | 1,806 | June 2026 |
| Listings with a price cut | 10% | Share of active |
| Median sale price (closed) | $516,865 | +1.9% YoY |
| Sale-to-list ratio | 100.2% | Closed sales |
| Gross rental yield | 3.5% | 2BR fair market rent |
Secondary metropolitan market · Rhode Island · June 2026 data
Providence Real Estate Market
As of June 2026, the median home listed in Providence, RI asks $599,675 — down 0.0% year over year. Homes sell in a median of 32 days, with 2,342 active listings and 10% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.
Median listing price
$599,675
▼ 0.0% YoY
Median $ / sq ft
$366
1,668 sq ft median
Median days on market
32
June 2026
Active listings
2,342
For sale now
New listings
1,806
June 2026
Listings with price cuts
10%
Share of active
Median sale price (closed)
$516,865
▲ 1.9% YoY · closed sales
Sale-to-list ratio
100.2%
Closed sales
Homes sold / month
1,159
Closed sales
Providence housing market statistics
The table summarizes Providence's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Providence?
Providence home prices are down 0.0% year over year and +1.6% month over month as of June 2026, at a $599,675 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Providence RI · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Providence RI · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Providence?
Providence has 2,342 active listings, 1,806 new this month, 2,410 pending as of June 2026. About 10% of active listings have cut their price, and inventory sits at 49% of its 2019 level — a seller-leaning market by pace.
Is Providence a good real estate investment?
Providence scores 58/100 on WealthyBud's composite Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
58/100
#291 of 932 covered metros
Price volatility
Medium
σ 6.5% · 20-yr price-index swings
Providence scores 58/100 on our composite Investor Score (#291 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 58% over five years and +111% over ten, leaving prices 67% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,774/mo for a two-bedroom, the gross rental yield on the median listing is about 3.5%; active inventory sits at 49% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Providence ranks on the trending markets index.
How much is a monthly mortgage payment in Providence?
A home at Providence's $599,675 median listing runs about $3,010 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$2,703/mo
−$307/mo vs today
At today's rate · 6.43%
$3,010/mo
National weekly average
If rates rise 1% · 7.43%
$3,331/mo
+$321/mo vs today
Principal & interest on the $599,675 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Providence housing market?
Longer-run demand in Providence shows up in 2,989 homes permitted in 2025; net migration of -588 residents; -1.2% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
2,989
▲ 22.4% vs 2024
1.8 per 1,000 residents
Net migration (2022–2023)
-588
▼ people, via tax-return records
net income flow −$42.8M/yr
Job growth (YoY)
-1.2%
▼ 741.8k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Providence real estate news?
Cities With the Fastest-growing Home Prices in Rhode IslandStacker · 2026-06-29→Providence tops Zillow’s ‘hottest’ summer rental housing marketsThe Boston Globe · 2026-05-19→RI Home Prices Jump Up Again, Providence Up 34% Year Over YearGo Local Prov · 2026-04-23→What a $400K Home Looks Like in Providence Right NowRealtor.com · 2026-03-18→
Providence's housing market is experiencing rapid price growth and high rental demand. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Providence by ZIP code
Median price, pace and inventory for 10 Providence ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Providence
The highest-producing real estate agents in Providence, ranked by recent sales.
View DirectoryTop teams
The groups setting production records nationwide.
View LicensingGet licensed in Rhode Island
Hours, exam and the commission that regulates Rhode Island agents.
Read IncomeAgent salary in Rhode Island
What real estate agents actually earn across Rhode Island.
ReadProvidence housing market FAQ
What is the median home price in Providence?
As of June 2026, the median listing price in Providence, RI is $599,675, down 0.0% year over year (source: public records and industry data).
How much does it cost to buy a home in Providence?
The median home listed in Providence asks $599,675 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $3,010 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Providence?
The median property in Providence spends 32 days on the market, with 2,342 homes actively listed and 10% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Providence?
With a median 32 days on market and 10% of active listings carrying a price cut, Providence reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Providence a good place to invest in real estate?
Providence scores 58/100 on WealthyBud's Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Providence?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Providence and the wider Rhode Island market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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