New - 1 day on Rocket
$8,253 Closing Credit¹
Listing Office: Keller Williams South Watuppa
East Providence Housing Market Report December 2024•Providence County, Rhode Island
Housing Prices in East Providence, RI
How much do homes in East Providence, RI cost?
Housing Market Conditions
Is East Providence, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
East Providence is a Seller's Market
Difference Since December 2023
Since last year, East Providence has remained a Seller's Market.
Insight
East Providence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$425,000$270/SqFt
+$34,437
+8.8%
Based on all homes sold in the last 12 months
Insight
Homes in East Providence have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in East Providence was $425,000 in December 2024, up 8.8% from last year, and the median price per square foot was $270.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Seekonk | $502.5K | $558.4K | +11.1% |
| Riverside | $385K | $420K | +9.1% |
| East Providence | $390.5K | $425K | +8.8% |
| Barrington | $684.5K | $743K | +8.5% |
| Rumford | $440K | $455K | +3.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $295K | $257K | -12.9% |
| 22 Bedrooms | $336.7K | $349.9K | +3.9% |
| 33 Bedrooms | $391.1K | $425K | +8.7% |
| 44 Bedrooms | $425.5K | $480K | +12.8% |
| 55+ Bedrooms | $500K | $550.5K | +10.1% |
Summary: East Providence housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -12.9%. The home price for 2 bedroom homes increased by +3.9%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +12.8%. The home price for 5 bedroom homes increased by +10.1%.
Housing supply in East Providence, RI
How many homes are available in East Providence, RI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 119Last MonthDec 2024 | ||
| 1332 months agoNov 2024 | -10.5 % Change MoMNov – Dec |
Summary: The East Providence real estate market had 119 homes for sale in Dec 2024, a 10.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 45Last MonthDec 2024 | ||
| 322 months agoNov 2024 | +40.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 27 | 17 | -37.0% |
| 33 Bedrooms | 68 | 65 | -4.4% |
| 44 Bedrooms | 28 | 27 | -3.6% |
| 55+ Bedrooms | 7 | 7 | 0.0% |
Summary: East Providence housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -37.0%. The inventory for 3 bedroom homes decreased by -4.4%. The inventory for 4 bedroom homes decreased by -3.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in East Providence, RI cost?
Over Asking Price21 Homes
At Asking Price4 Homes
Under Asking Price20 Homes
Insight
If you're buying a home in East Providence, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in East Providence in December 2024, up by 40.6% month-over-month. Of the 45 sold homes, 44% were sold under asking, 9% were sold at asking, and and 47% were sold over asking.
Days on Market for East Providence, RI
How long does it take to sell a home in East Providence, RI?
Breakdown of Home Sale Times
Under 30 Days28 Homes
30 – 90 Days17 Homes
Over 90 Days0 Home
Insight
Many homes in East Providence are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 45 homes were sold in East Providence; 62% of homes were sold within 30 days, 38% 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 |
|---|---|---|
| 28 DaysThis YearDec 2024 | ||
| 24 Days1 year agoDec 2023 | +17.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in East Providence had an average listing age of 28 days in Dec 2024, up by 17.7% compared to the previous year.
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Newest Listings in East Providence, RI
What homes are available in East Providence, RI?
New - 2 days on Rocket
$7,351 Closing Credit¹
Listing Office: RE/MAX River's Edge - Bristol
New - 3 days on Rocket
$8,906 Closing Credit¹
Listing Office: RE/MAX River's Edge
New - 5 days on RocketBackup offers
$4,155 Closing Credit¹
Listing Office: William Raveis Inspire
New - 6 days on Rocket
$5,522 Closing Credit¹
Listing Office: Anchor & Hope Real Estate LLC
New - 7 days on Rocket
$5,166 Closing Credit¹
Listing Office: Compass / Lila Delman Compass
New - 7 days on Rocket
Listing Office: The Mello Group, Inc.
New - 7 days on Rocket
$4,928 Closing Credit¹
Listing Office: RE/MAX River's Edge - Bristol
$5,094 Closing Credit¹
Listing Office: Coldwell Banker Realty
$6,519 Closing Credit¹
Listing Office: Coldwell Banker Realty
$5,936 Closing Credit¹
#73322455, Robert Barchi, Listing Office: Coldwell Banker Realty
$2,375 Closing Credit¹
Listing Office: Keller Williams Coastal
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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 01/01/2023 - 01/01/2025
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: 1/29/2025, 9:20:50 AM 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: 1/29/2025, 9:20:50 AM 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: 1/29/2025, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.