Secondary metropolitan market · Rhode Island · June 2026 data

Providence Real Estate Market

The Providence, RI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Providence report in a click.

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
Median listing price trend
$600K$581K$562K$544K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Providence RI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$600K$540K$480K$420K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Providence RI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
2,342
New this month
1,806
Pending
2,410
Price-reduced
242

As of June 2026, the median home listed in Providence, RI asks $599,675 — down 0.0% from a year ago. Homes are taking a median of 32 days to go under contract, and 10% of the 2,342 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
58/100
#291 of 932 covered metros
12-month outlook
+1.8%
Flat · model output, not advice
Price volatility
Medium
σ 6.5% · 20-yr price-index swings
Momentum
55
Value
23
Rental yield
38
Supply risk
11
Market heat
94

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.

What mortgage rates do to the payment
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.

Growth, supply pipeline & risk
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.

Providence market 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.

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Top agents in Providence

The highest-producing real estate agents in Providence, ranked by recent sales.

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Top teams

The groups setting production records nationwide.

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Get licensed in Rhode Island

Hours, exam and the commission that regulates Rhode Island agents.

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Agent salary in Rhode Island

What real estate agents actually earn across Rhode Island.

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Providence market FAQs

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 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.
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.
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.