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Blackstone College Hill Fox Point Hope Mount Hope Wayland

PROVIDENCE, RI 02906

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02906

Blackstone · College Hill · Fox Point · Hope · Mount Hope · Wayland

Market Analysis

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

The PROVIDENCE, RI real estate market (02906) currently shows 49 active listings, with 22 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 27 days last year.

The median listing price has risen 13.5% year-over-year, from $594,500 to $674,700.

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: 26,437  ·  Density: 3,293.5/mi²  ·  Median household income: $98,563

Typical home value: $578,013  ·  Homeownership: 48.7%

Market Overview

Active Listings
49
⇧ 48.5% vs 33 last year
Pending
22
45% pending ratio
Median Price
$674,700
⇧ 13.5% vs $594,500 last year
Average Price
$1,055,993
⇧ 43.1% vs $737,794 last year
Days on Market
88
⇧ 225.9% vs 27 days last year

Price Per Square Foot

Median $/sqft
$431
⇧ 9.9% vs $392/sqft last year
Median Home Size
1,810 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 33 last year
  • Days on market: 88 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $674,700 (+13.5% YoY)
  • Average: $1,055,993 (+43.1% 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 8.4 miles — 437 listings ($282,795,942 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02906Providence, RI 029060.0 mi51$53,520,726$744,000$1,049,426
02916Rumford, RI 029161.9 mi32$20,763,296$558,995$648,853
02914East Providence, RI 029142.2 mi28$12,745,376$449,950$455,192
02904Providence, RI 029042.8 mi64$24,260,672$389,900$379,073
02907Providence, RI 029073.4 mi20$8,597,540$429,900$429,877
02863Central Falls, RI 028633.5 mi5$1,848,625$355,000$369,725
02771Seekonk, MA 027713.7 mi15$10,769,250$599,000$717,950
02915Riverside, RI 029154.8 mi23$10,897,561$440,000$473,807
02865Lincoln, RI 028655.9 mi36$26,663,760$674,900$740,660
02888Warwick, RI 028886.4 mi44$21,143,672$462,400$480,538
02769Rehoboth, MA 027697.4 mi29$25,134,735$706,400$866,715
02703Attleboro, MA 027038.0 mi57$35,575,467$549,900$624,131
02921Cranston, RI 029218.4 mi33$30,875,262$889,450$935,614

Frequently Asked Questions

How many homes are for sale in PROVIDENCE, RI 02906?

As of February 2026, there are 49 active listings in PROVIDENCE, RI (zip code 02906), compared to 33 the prior year.

What is the median home price in PROVIDENCE, RI 02906?

The median listing price in PROVIDENCE, RI 02906 is $674,700 as of February 2026, a 13.5% increase from $594,500 the prior year.

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

Homes in PROVIDENCE, RI 02906 spend an average of 88 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE, RI 02906?

Based on current inventory and days-on-market data as of February 2026, PROVIDENCE, RI 02906 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 27 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PROVIDENCE, RI 02906 save an estimated $13,494 compared to a typical 5% commission on the median listing price of $674,700. 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.