Market Intelligence · RI / Providence

Providence, RI 02909 Housing Market

The typical home value in Providence, RI 02909 is $387,524, up 2.5% over the past year. The median list price is $425,000, and homes spend a median of 31 days on the market.

Updated August 2026Median value$388K

The median home value in Providence, RI 02909 is $388K as of August 2026, up 2.5% 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 02909 range

$357K to $419K

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

Typical home value in 02909 over the last 12 months: $378K in Aug 2025 to $388K in Aug 2026 (+2.5%).

Aug 2025$378K

Aug 2026$388K

The numbers

What is the 02909 housing market like?

Typical home value

$388K

Up2.5%YoY

Median list price

$425K

Up6.3%MoM

Days on market

31

Up29.2%MoM

Homes for sale

26

Up23.8%MoM

Price cuts

8.3%

Down43.5%MoM

New listings

20

Up66.7%MoM

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

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The comparison

How do 02909 home prices compare?

  • 02909$387,524
  • 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

Home values in 02909 have held steady, with the typical value at $387,524, up 2.5% over the past year. Sellers are asking a median list price of $425,000, and homes are moving in a median of 31 days. Inventory is thin, with 26 homes for sale and 20 new listings. Only 8.3% of listings have taken a price cut, which suggests most sellers are pricing close to where buyers will engage. For a seller, the data points to a stable market where accurate pricing matters more than aggressive pricing.

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20% · $77,505

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