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City / Town Overview

Providence, RI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Providence, RI real estate market currently shows 257 active listings, with 116 pending sales. Homes are averaging 49.5 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49.5 days on market compared to 35.1 days last year.

The median listing price has risen 8.4% year-over-year, from $427,049 to $462,770.

Whether you are buying or selling in Providence, RI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 217,558  ·  Density: 4,194.4/mi²  ·  Median household income: $60,951

Typical home value: $304,286  ·  Homeownership: 41%

Included Areas

Providence: 02901, 02902, 02903, 02904, 02905, 02906, 02907, 02908, 02909, 02912, 02918, 02940

Area Map

Market Overview

Active Listings
257
⇧ 2.4% vs 251 last year
Pending
116
45% pending ratio
Median Price
$462,770
⇧ 8.4% vs $427,049 last year
Average Price
$542,926
⇧ 16% vs $468,156 last year
Days on Market
49.5
⇧ 41% vs 35 days last year

Price Per Square Foot

Median $/sqft
$351
⇧ 25.4% vs $280/sqft last year
Median Home Size
1,380 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %