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Market Intelligence · RI / Providence

Providence, RI 02907 Housing Market

Typical homes in Providence 02907 are valued at $398,420, up 2.7% over the past year. The median list price stands at $406,950, and homes are taking a median of 36 days to sell as of September 2026.

Updated September 2026Median value$398K

The median home value in Providence, RI 02907 is $398K as of September 2026, up 2.7% 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 02907 range

$367K to $430K

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

+2.7% over 12 months

Typical home value in 02907 over the last 12 months: $388K in Sep 2025 to $398K in Sep 2026 (+2.7%).

Sep 2025$388K

Sep 2026$398K

The numbers

What is the 02907 housing market like?

Typical home value

$398K

Up2.7%YoY

Median list price

$407K

Down0.7%MoM

Days on market

36

Up28.6%MoM

Homes for sale

15

Up50.0%MoM

Price cuts

9.6%

New listings

14

Up250.0%MoM

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

The outlook

02907 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02907 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 02907 rose 2.7%, per the Zillow Home Value Index.

Will home prices drop in 02907?

Zillow's forecast does not call for a drop: it expects typical home values in 02907 to rise 2.1% by September 2027, after a 2.7% 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 02907 home prices compare?

  • 02907$398,420
  • 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 02907 shows modest upward momentum, with typical home values climbing 2.7% annually. The median list price of $406,950 sits just above that trend line, suggesting reasonable alignment between seller expectations and actual values. With 15 homes for sale and 14 new listings added, inventory remains limited. Homes are spending a median of 36 days on market, which indicates steady but unhurried buyer interest. For sellers, the tight inventory and year-over-year appreciation provide some advantage, though the pace of sales suggests patience may still be required.

Monthly payment

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20% · $79,684

Common questions

What people ask us.

What is a typical home worth in Providence 02907?

Typical home values in this ZIP are $398,420, up 2.7% over the past year as of September 2026.

How long do homes typically stay on the market?

Median days on market is 36 as of September 2026.

What is the median list price?

The median list price in Providence 02907 is $406,950 as of September 2026.

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