Is Providence County, RI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Providence County is a seller's market


Difference Since April 2022

Since last year, Providence County has remained a Seller's Market.

Key Takeaway

Providence County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Providence County, RI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Providence County have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $191.5K$220K
2 $275K$302.4K
3 $345K$374.9K
4 $365.2K$408.9K
5+ $401.6K$453.6K

Median Sold Price Compared To Nearby Counties

Windham County
Bristol County
Providence County
Bristol County
Kent County

How many homes are available in Providence County, RI?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 5138
2 253255
3 539502
4 284260
5+ 276257

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

114 Homes Were Sold
Under Asking

50 Homes Were Sold
At Asking

222 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Providence County, you could pay more than the asking price. 57.5% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
25 Days31 Days+24.0%

Breakdown of Home Sale Times

256 Homes Were Sold
Under 30 Days

98 Homes Were Sold
In 30 - 90 Days

32 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Providence County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Providence County, RI

Homes for sale in Providence County, RI have reached 1,312. The inventory of homes for sale in Providence County, RI between March 2023 and April 2023 decreased by 6.5%. In April 2023, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $380,001. Listing prices have changed in this real estate market between March 2023 and April 2023: prices of 1 bedroom properties increased by 14.9%, the cost of 2 bedrooms properties went up by 10%, prices of 3 bedrooms properties went up by 8.7%, prices of 4 bedrooms properties increased by 12%, prices of 5 bedrooms properties increased by 13%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 25.5%, number of 2 bedrooms homes increased by 0.8%, 3 bedrooms homes became 6.9% less available, 4 bedrooms homes inventory decreased by 8.5%, number of 5 bedrooms homes decreased by 6.9%. In April 2023, from all listings sold in Providence County, RI there were more than 222 sold above asking price, over 114 sold below and more than 50 were sold right at the asked price.

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