Market Intelligence · RI / Providence

Providence, RI 02903 Housing Market

The typical home value in Providence, RI 02903 is $445,570, down 0.5% over the past year. Sellers are listing at a median price of $449,900, and homes are spending a median of 37 days on market. That points to a market that is slightly cooler than it was a year ago.

Updated August 2026Median value$446K

The median home value in Providence, RI 02903 is $446K as of August 2026, down 0.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02903 range

$410K to $481K

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

-0.5% over 12 months

Typical home value in 02903 over the last 12 months: $448K in Aug 2025 to $446K in Aug 2026 (-0.5%).

Aug 2025$448K

Aug 2026$446K

The numbers

What is the 02903 housing market like?

Typical home value

$446K

Down0.5%YoY

Median list price

$450K

Down2.0%MoM

Days on market

37

Up2.8%MoM

Homes for sale

32

Up3.2%MoM

Price cuts

12.1%

Up39.3%MoM

New listings

8

Up33.3%MoM

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

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The comparison

How do 02903 home prices compare?

  • 02903$445,570
  • Providence$418,465
  • Rhode Island$513,245
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Providence: 7 ZIPs; Rhode Island: 69 ZIPs; United States: 26,265 ZIPs).

Context

Providence, RI 02903 had 32 homes for sale as of 2026-08-01, with 8 new listings coming on. The median list price sits at $449,900, close to the typical home value of $445,570, which is down 0.5% over the past year. Homes are taking a median of 37 days to sell, and 12.1% of listings have taken a price cut. The gap between asking prices and actual values is small, so sellers who price near the typical value are likely to move faster. Pricing right from the start matters more than aiming high in this market.

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