Housing in Providence, RI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$580,000
Median List Price
$550,000
Price Per Sq Ft
$245
Days on Market
43
Active Inventory
227
Months of Supply
2.8
Seller's market
Zillow Home Value
$418,040
ZHVI — January 2026
Zillow Rent Index
$2,171
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
42.0%
Off Market in 2 Weeks
44.9%
Sale-to-List Ratio
99.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
81
New Listings
107
Pending Sales
78
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$245
Median List $/SF
$240
Providence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Providence 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
$322,800
Median Rent
$1,333
Total Housing Units
79,275
Vacancy Rate
11.3%
Owner Occupied
41.2%
Renter Occupied
58.8%
Median Property Tax
$4,396
per year
Monthly Cost (w/ Mortgage)
$1,742
Housing Types
The current median sale price in Providence, RI is $580,000 according to Redfin data. Homes spend a median of 43 days on the market. 42.0% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $245. Zillow's observed rent index is $2,171/month. About 41.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 79,275 total housing units.