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CENTRAL FALLS, RI 02863

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The CENTRAL FALLS, RI real estate market (02863) currently shows 5 active listings, with 4 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 48 days on market compared to 21 days last year.

The median listing price has fallen 6.6% year-over-year, from $412,000 to $384,750.

Whether you are buying or selling in CENTRAL FALLS, 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: 22,359  ·  Density: 7,230.8/mi²  ·  Median household income: $43,092

Typical home value: $244,658  ·  Homeownership: 26.0%

Market Overview

Active Listings
5
⇩ 44.4% vs 9 last year
Pending
4
80% pending ratio
Median Price
$384,750
⇩ 6.6% vs $412,000 last year
Average Price
$386,750
⇩ 3.9% vs $402,483 last year
Days on Market
48
⇧ 128.6% vs 21 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 12.6% vs $198/sqft last year
Median Home Size
1,727 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 9 last year
  • Days on market: 48 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $384,750 (-6.6% YoY)
  • Average: $386,750 (-3.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.1 miles — 308 listings ($165,156,718 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02863Central Falls, RI 028630.0 mi5$1,848,625$355,000$369,725
02861Pawtucket, RI 028612.3 mi42$19,522,188$434,900$464,814
02865Lincoln, RI 028653.2 mi36$26,663,760$674,900$740,660
02916Rumford, RI 029163.8 mi32$20,763,296$558,995$648,853
02911North Providence, RI 029114.8 mi24$11,166,312$447,400$465,263
02771Seekonk, MA 027715.3 mi15$10,769,250$599,000$717,950
02914East Providence, RI 029145.5 mi28$12,745,376$449,950$455,192
02909Providence, RI 029095.8 mi35$13,277,250$379,900$379,350
02760North Attleboro, MA 027606.3 mi30$20,522,520$559,000$684,084
02838Manville, RI 028386.7 mi2$724,900$349,450$362,450
02763Attleboro Falls, MA 027636.9 mi1$529,900$529,900$529,900
02905Providence, RI 029057.1 mi35$15,725,780$419,900$449,308
02915Riverside, RI 029158.1 mi23$10,897,561$440,000$473,807

Frequently Asked Questions

How many homes are for sale in CENTRAL FALLS, RI 02863?

As of February 2026, there are 5 active listings in CENTRAL FALLS, RI (zip code 02863), compared to 9 the prior year.

What is the median home price in CENTRAL FALLS, RI 02863?

The median listing price in CENTRAL FALLS, RI 02863 is $384,750 as of February 2026, a 6.6% decrease from $412,000 the prior year.

How long do homes stay on the market in CENTRAL FALLS, RI?

Homes in CENTRAL FALLS, RI 02863 spend an average of 48 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in CENTRAL FALLS, RI 02863?

Based on current inventory and days-on-market data as of February 2026, CENTRAL FALLS, RI 02863 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 21 days last year.

How much can I save on real estate commission in CENTRAL FALLS, RI?

With SELL123.com's maximum 3% commission, sellers in CENTRAL FALLS, RI 02863 save an estimated $7,695 compared to a typical 5% commission on the median listing price of $384,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.