Market Intelligence · RI / Providence

Providence, RI 02906 Housing Market

Homes in Providence's 02906 ZIP code have a typical value of $805,853, up 4.4% over the past year. The median list price sits at $849,900, with homes taking a median of 42 days to sell.

Updated September 2026Median value$806K

The median home value in Providence, RI 02906 is $806K as of September 2026, up 4.4% 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 02906 range

$741K to $870K

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

+4.4% over 12 months

Sep 2025$772K

Low $772KHigh $806K

Sep 2026$806K

The numbers

What is the 02906 housing market like?

As of September 2026

Typical home value

$806K

4.4%YoY

Median list price

$850K

1.5%MoM

Days on market

31.3%MoM

Homes for sale

3.9%MoM

Price cuts

13.4%

32.1%MoM

New listings

75.0%MoM

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

The outlook

02906 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02906 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 02906 rose 4.4%, per the Zillow Home Value Index.

Will home prices drop in 02906?

Zillow's forecast does not call for a drop: it expects typical home values in 02906 to rise 2.3% by September 2027, after a 4.4% rise 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 02906 home prices compare?

02906$805,853
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's 02906 has 53 homes for sale as of September 2026, with 28 new listings added to the market. The median days on market of 42 suggests a moderately paced sales cycle. About 13.4% of listings have seen a price cut, indicating some sellers are adjusting expectations. Despite the year-over-year value gain of 4.4%, the combination of steady inventory and price adjustments suggests this is a balanced market where sellers should be realistic about pricing and timing.

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Down payment20% · $161,171

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Common questions

What people ask us.

What is the typical home value in 02906?

The typical home value in Providence's 02906 is $805,853, up 4.4% over the past year as of September 2026.

How long do homes typically stay on the market?

Homes in 02906 take a median of 42 days to sell as of September 2026.

Are homes selling above or below list price?

With 13.4% of listings carrying a price cut as of September 2026, some sellers are adjusting their asking prices to align with buyer interest.

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