Market Intelligence · RI / Providence

Providence, RI 02908 Housing Market

The typical home value in Providence 02908 is $416,090, up 2.5% over the past year. The median list price sits at $417,450, with homes spending a median of 25 days on market as of September 2026.

Updated September 2026Median value$416K

The median home value in Providence, RI 02908 is $416K as of September 2026, up 2.5% 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 02908 range

$383K to $449K

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

+2.5% over 12 months

Sep 2025$406K

Low $406KHigh $416K

Sep 2026$416K

The numbers

What is the 02908 housing market like?

As of September 2026

Typical home value

$416K

2.5%YoY

Median list price

$417K

2.9%MoM

Days on market

16.7%MoM

Homes for sale

22.2%MoM

Price cuts

12.1%

78.6%MoM

New listings

62.5%MoM

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

The outlook

02908 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02908 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 02908 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 02908?

Zillow's forecast does not call for a drop: it expects typical home values in 02908 to rise 2.2% 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.

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

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The comparison

How do 02908 home prices compare?

02908$416,090
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 02908 has 33 homes for sale, with 26 new listings added in September 2026. The median list price of $417,450 aligns closely with the typical home value of $416,090, suggesting realistic pricing overall. Homes are moving at a moderate pace, spending 25 days on the market before sale. About 12.1% of listings have seen a price cut, which is a modest share. For sellers, the steady year-over-year appreciation paired with moderate days on market suggests a balanced environment, though inventory remains limited.

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Down payment20% · $83,218

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Common questions

What people ask us.

What is the typical home value in Providence 02908?

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

How many homes are currently for sale in 02908?

There are 33 homes for sale as of September 2026, with 26 new listings that month.

How long do homes typically stay on the market here?

The median days on market is 25 as of September 2026.

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Nearby ZIP markets.

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