Providence, RI Housing Market
$434,698
2.3% 1-yrThe average Providence, RI home value is $434,698, up 2.3% over the past year, and homes go to pending in around 18 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Providence Key Takeaways
Typical Home Values: $434,698
1-Year Value Change: +2.3%
(Data through August 31, 2026)
Providence Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Fox Point$604,577
- College Hill$996,969
- Downtown$557,099
- Lower South Providence$392,485
- Wayland$872,518
- Federal Hill$433,149
- Smith Hill$362,857
- Elmwood$413,224
- West End$405,650
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Providence Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Providence, RI?
The median home value in Providence, RI is $434,698 as of August 2026. This represents a 0.3% increase compared to last month and a 2.3% increase year-over-year.
How have home values changed in Providence, RI?
Home values in Providence, RI have increased by 0.3% month-over-month and 2.3% year-over-year.
How do home values in Providence, RI compare to Providence County, Rhode Island, and the national average?
The median home value in Providence, RI ($434,698) compares to: Providence County ($455,095), Rhode Island ($511,233), and the U.S. national median ($368,697).
