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Federal Hill Hartford Manton Mount Pleasant Olneyville Silver Lake Valley West End

PROVIDENCE, RI 02909

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

Neighborhoods in ZIP 02909

Federal Hill · Hartford · Manton · Mount Pleasant · Olneyville · Silver Lake · Valley · West End

Market Analysis

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

The PROVIDENCE, RI real estate market (02909) currently shows 33 active listings, with 17 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 17 days last year.

The median listing price has risen 2.8% year-over-year, from $368,450 to $378,650.

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: 42,629  ·  Density: 5,258.1/mi²  ·  Median household income: $58,085

Typical home value: $250,928  ·  Homeownership: 38.4%

Market Overview

Active Listings
33
⇧ 37.5% vs 24 last year
Pending
17
52% pending ratio
Median Price
$378,650
⇧ 2.8% vs $368,450 last year
Average Price
$381,918
⇧ 1.1% vs $377,789 last year
Days on Market
38
⇧ 123.5% vs 17 days last year

Price Per Square Foot

Median $/sqft
$349
⇧ 31.7% vs $265/sqft last year
Median Home Size
1,191 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 24 last year
  • Days on market: 38 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $378,650 (+2.8% YoY)
  • Average: $381,918 (+1.1% 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 7.8 miles — 464 listings ($273,580,624 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02909Providence, RI 029090.0 mi35$13,277,250$379,900$379,350
02907Providence, RI 029071.9 mi20$8,597,540$429,900$429,877
02911North Providence, RI 029112.8 mi24$11,166,312$447,400$465,263
02910Cranston, RI 029103.1 mi33$13,630,419$399,900$413,043
02906Providence, RI 029063.5 mi51$53,520,726$744,000$1,049,426
02919Johnston, RI 029193.6 mi69$43,205,178$549,900$626,162
02860Pawtucket, RI 028604.8 mi37$14,548,215$374,000$393,195
02888Warwick, RI 028885.2 mi44$21,143,672$462,400$480,538
02863Central Falls, RI 028635.8 mi5$1,848,625$355,000$369,725
02865Lincoln, RI 028656.5 mi36$26,663,760$674,900$740,660
02828Greenville, RI 028286.9 mi14$9,135,154$485,000$652,511
02917Smithfield, RI 029177.1 mi25$19,429,400$629,900$777,176
02886Warwick, RI 028867.8 mi71$37,414,373$520,000$526,963

Frequently Asked Questions

How many homes are for sale in PROVIDENCE, RI 02909?

As of February 2026, there are 33 active listings in PROVIDENCE, RI (zip code 02909), compared to 24 the prior year.

What is the median home price in PROVIDENCE, RI 02909?

The median listing price in PROVIDENCE, RI 02909 is $378,650 as of February 2026, a 2.8% increase from $368,450 the prior year.

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

Homes in PROVIDENCE, RI 02909 spend an average of 38 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE, RI 02909?

Based on current inventory and days-on-market data as of February 2026, PROVIDENCE, RI 02909 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 17 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 02909 save an estimated $7,573 compared to a typical 5% commission on the median listing price of $378,650. 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.