Market Intelligence · RI / Providence

Providence, RI 02909 Housing Market

The typical home value in Providence 02909 is $384,911, up 2.8% over the past year. The median list price stands at $397,000, with homes spending 28 days on the market as of September 2026.

Updated September 2026Median value$385K

The median home value in Providence, RI 02909 is $385K as of September 2026, up 2.8% 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 02909 range

$354K to $416K

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

+2.8% over 12 months

Sep 2025$375K

Low $375KHigh $385K

Sep 2026$385K

The numbers

What is the 02909 housing market like?

As of September 2026

Typical home value

$385K

2.8%YoY

Median list price

$397K

6.6%MoM

Days on market

9.7%MoM

Homes for sale

23.1%MoM

Price cuts

10.2%

22.8%MoM

New listings

20.0%MoM

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

The outlook

02909 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02909 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 02909 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 02909?

Zillow's forecast does not call for a drop: it expects typical home values in 02909 to rise 2.3% by September 2027, after a 2.8% 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 02909 home prices compare?

02909$384,911
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 02909 has 32 homes for sale with 16 new listings added in September 2026. The median time on market is 28 days, suggesting moderate buyer interest. A 10.2% share of listings have received price cuts, indicating some seller adjustment in the market. While values have grown 2.8% annually, the current price-cut activity suggests sellers should be realistic about positioning and pricing in this softening environment.

Monthly payment

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Home price

Down payment20% · $76,982

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Common questions

What people ask us.

What is the typical home value in Providence 02909?

The typical home value is $384,911, up 2.8% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 28 as of September 2026.

What share of homes have had price reductions?

About 10.2% of listings have seen a price cut as of September 2026.

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Nearby ZIP markets.

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