Housing in Cranston, RI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$477,500

Median List Price

$499,900

Price Per Sq Ft

$251

Days on Market

26

Active Inventory

94

Months of Supply

2.0

Seller's market

Zillow Home Value

$436,926

ZHVI — January 2026

Zillow Rent Index

$2,023

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.4%List Price 18.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

52.2%

Off Market in 2 Weeks

38.9%

Sale-to-List Ratio

100.5%

Seller's market

Sold Above Asking
52.2%
Under Contract in 2 Wks
38.9%
Listings with Price Drops
16.0%

Market Activity

Source: Redfin

Homes Sold

46

New Listings

51

Pending Sales

36

Homes Sold 20.7%New Listings 15.0%Pending 41.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$251

Median List $/SF

$281

Sale $/SF 1.2%List $/SF 5.6%Mar 24Jan 26

Cranston vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Cranston is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$348,800

Median Rent

$1,332

Total Housing Units

33,733

Vacancy Rate

3.4%

Owner Occupied

67.3%

Renter Occupied

32.7%

Median Property Tax

$5,081

per year

Monthly Cost (w/ Mortgage)

$1,801

Housing Types

Single Family
65.7%
Multi-Family
34.1%
Mobile Home
0.2%

The current median sale price in Cranston, RI is $477,500 according to Redfin data. Homes spend a median of 26 days on the market. 52.2% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $251. Zillow's observed rent index is $2,023/month. About 67.3% of housing units are owner-occupied. The median year homes were built is 1957. There are 33,733 total housing units.