8 hours on Rocket
$4,026 Closing Credit¹
#73345233, Alexander Parmenidez, Listing Office: Coldwell Banker Realty
Central Falls Housing Market Report February 2025•Providence County, Rhode Island
Housing Prices in Central Falls, RI
How much do homes in Central Falls, RI cost?
Housing Market Conditions
Is Central Falls, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Central Falls is a Neutral Market
Difference Since February 2024
At the same time last year, Central Falls was a Seller's Market.
Insight
Central Falls is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$507,500$192/SqFt
+$52,500
+11.5%
Based on all homes sold in the last 12 months
Insight
Homes in Central Falls have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Central Falls was $507,500 in February 2025, up 11.5% from last year, and the median price per square foot was $192.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Cumberland | $451.5K | $508K | +12.5% |
| Pawtucket | $375K | $420K | +12.0% |
| Central Falls | $455K | $507.5K | +11.5% |
| Lincoln | $457.5K | $489.9K | +7.1% |
| Attleboro | $470.8K | $492.2K | +4.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $325K | $299K | -8.0% |
| 22 Bedrooms | $269.9K | - | N/A |
| 33 Bedrooms | $350K | $335.5K | -4.1% |
| 44 Bedrooms | $370K | $389K | +5.1% |
| 55+ Bedrooms | $495K | $563.5K | +13.8% |
Summary: Central Falls housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -8.0%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -4.1%. The home price for 4 bedroom homes increased by +5.1%. The home price for 5 bedroom homes increased by +13.8%.
How does Central Falls, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Central Falls, RI
Housing supply in Central Falls, RI
How many homes are available in Central Falls, RI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | -20.0 % Change MoMJan – Feb |
Summary: The Central Falls real estate market had 12 homes for sale in Feb 2025, a 20.0 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 8 | 5 | -37.5% |
| 33 Bedrooms | 4 | 5 | +25.0% |
Summary: Central Falls housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -37.5%. The inventory for 3 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Central Falls, RI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Central Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Central Falls in February 2025, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Central Falls, RI
How long does it take to sell a home in Central Falls, RI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Central Falls are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 2 homes were sold in Central Falls; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 51 DaysThis YearFeb 2025 | ||
| 25 Days1 year agoFeb 2024 | +104.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Central Falls had an average listing age of 51 days in Feb 2025, up by 104.0% compared to the previous year.
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Newest Listings in Central Falls, RI
What homes are available in Central Falls, RI?
$8,609 Closing Credit¹
#1379290, Listing Office: HomeSmart Professionals
$4,738 Closing Credit¹
#1378289, Listing Office: RE/MAX Innovations
$5,225 Closing Credit¹
#73334136, Michael Navoian, Listing Office: Weichert Realtors - Atlantic Properties
$5,225 Closing Credit¹
#1376917, Listing Office: Weichert REALTORS-Atlantic Prp
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, and MLS Property Information Network Inc. for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.