Market Intelligence · RI / Providence

Providence, RI 02903 Housing Market

The typical home value in Providence 02903 is $440,742, down 0.6% over the past year. The median list price stands at $438,675, with homes spending a median of 44 days on market as of September 2026.

Updated September 2026Median value$441K

The median home value in Providence, RI 02903 is $441K as of September 2026, down 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 02903 range

$405K to $476K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.6% over 12 months

Sep 2025$443K

Low $439KHigh $443K

Sep 2026$441K

The numbers

What is the 02903 housing market like?

As of September 2026

Typical home value

$441K

0.6%YoY

Median list price

$439K

2.5%MoM

Days on market

18.9%MoM

Homes for sale

3.1%MoM

Price cuts

21.2%

74.9%MoM

New listings

0.0%MoM

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

The outlook

02903 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02903 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 02903 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 02903?

Zillow's forecast does not call for a drop: it expects typical home values in 02903 to rise 1.6% by September 2027, after a 0.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 02903 home prices compare?

02903$440,742
Providence$416,090
Rhode Island$517,120
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Providence: 7 ZIPs; Rhode Island: 69 ZIPs; United States: 26,262 ZIPs).

Context

Providence 02903 has 33 homes for sale, with 8 new listings coming to market in September 2026. The median list price of $438,675 aligns closely with the typical home value of $440,742, suggesting reasonable pricing overall. However, 21.2% of listings have received a price cut, indicating some homes are not selling as quickly as sellers might hope. With 44 days as the median time on market, this is neither a fast market nor a stalled one. Sellers should expect a patient process and consider that a modest price reduction may help move a property.

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Home price

Down payment20% · $88,148

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Common questions

What people ask us.

What is the typical home value in Providence 02903?

The typical home value is $440,742, down 0.6% over the past year as of September 2026.

How long do homes typically stay on the market in 02903?

The median days on market is 44 as of September 2026.

How many homes are currently for sale in Providence 02903?

There are 33 homes for sale as of September 2026, with 8 new listings added that month.

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Nearby ZIP markets.

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