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Market Intelligence · RI / Providence County

Providence, RI home prices and housing market

7 ZIP markets liveData updated September 2026Typical value$416K1-yr changeUp2.5%

The typical home value in Providence, RI is $416K as of September 2026, up 2.5% from a year ago, based on the Zillow Home Value Index. In the typical Providence ZIP code, the median list price is $417K and homes spend a median of 36 days on market as of September 2026 (Realtor.com).

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The coverage

Providence, by the numbers.

Typical home valueZillow ZHVI, September 2026
$416K
1-yr changeMedian across Providence ZIPs
+2.5%
ZIP markets live12 tracked in Providence
7
County
Providence County

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12-month value trend

+2.5% over 12 months

Typical home value in Providence over the last 12 months: $406K in Sep 2025 to $416K in Sep 2026 (+2.5%).

Sep 2025$406K

Sep 2026$416K

Median Zillow home value index across Providence's ZIP codes.

Context

Providence's housing market shows moderate growth as of September 2026. The typical home value stands at $416,090, up 2.5% over the past year. With 243 homes for sale and a median list price of $417,450, inventory remains limited. Homes are spending a median of 36 days on the market, and 12.1% of listings have seen price reductions. If you're considering selling, understand that while the market has appreciated slightly, buyer competition is modest and some sellers are adjusting their asking prices.

The numbers

What is the housing market like in Providence, RI?

Typical home value

$416K

Up2.5%YoY

Median list price

$417K

Days on market

36

Homes for sale

243

Price cuts

12.1%

New listings

130

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Providence's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Providence, RI home prices over time

Typical home values in Providence, RI are up 2.5% over the past year, from $406K in September 2025 to $416K in September 2026.

Typical home value in Providence, RI, September of each year
MonthTypical value1-yr change
September 2026$416,090+2.5%
September 2025$405,822No prior year

Typical value is the median Zillow Home Value Index across Providence ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Providence, RI a buyer's or seller's market?

Providence, RI leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 36 days on market and 12% of listings with a price cut in the typical Providence ZIP code, and 130 new listings against 243 active listings across Providence, as of September 2026 (Realtor.com).

The outlook

Providence housing market forecast 2027

+2.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 7 Providence ZIP codes, points to typical home values rising 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in Providence rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in Providence?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Providence shows typical home values rising 2.1% by September 2027, after a 2.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 7 Providence ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Providence ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 12 Providence ZIP codes in total; the remaining 5 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Providence, RI home prices.

How much is a home in Providence worth?

The typical home value in Providence is $416,090 as of September 2026, up 2.5% over the past year.

How long do homes stay on the market in Providence?

The median time a home spends on the market is 36 days.

How many homes are available for sale in Providence?

As of September 2026, there are 243 homes for sale in Providence, with 130 new listings in that same period.

Are home prices going up or down in Providence, RI?

Typical home values in Providence, RI are up 2.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Providence, RI a buyer's or seller's market?

Providence, RI leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 36 days on market and 12% of listings with a price cut in the typical Providence ZIP code, and 130 new listings against 243 active listings across Providence, as of September 2026 (Realtor.com).

Nearby markets

More Rhode Island housing markets.

The market is moving

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