#1377869, Listing Office: Century 21 Limitless PRG
North Providence Housing Market Report January 2025•Providence County, Rhode Island
Housing Prices in North Providence, RI
How much do homes in North Providence, RI cost?
Housing Market Conditions
Is North Providence, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Providence is a Seller's Market
Difference Since January 2024
Since last year, North Providence has remained a Seller's Market.
North Providence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North Providence have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in North Providence was $365,812 in January 2025, down 1.1% from last year, and the median price per square foot was $238.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Smithfield | $420K | $489K | +16.4% |
Providence | $429.4K | $496.8K | +15.7% |
Johnston | $392K | $445K | +13.5% |
Pawtucket | $375K | $420K | +12.0% |
North Providence | $370K | $365.8K | -1.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $170K | $167.5K | -1.5% |
22 Bedrooms | $310K | $314K | +1.3% |
33 Bedrooms | $380.5K | $420K | +10.4% |
44 Bedrooms | $435K | $475K | +9.2% |
55+ Bedrooms | $498K | $540K | +8.4% |
Summary: North Providence housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.5%. The home price for 2 bedroom homes increased by +1.3%. The home price for 3 bedroom homes increased by +10.4%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes increased by +8.4%.
Housing supply in North Providence, RI
How many homes are available in North Providence, RI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
97Last MonthJan 2025 | ||
1062 months agoDec 2024 | -8.5 % Change MoMDec – Jan |
Summary: The North Providence real estate market had 97 homes for sale in Jan 2025, a 8.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthJan 2025 | ||
382 months agoDec 2024 | -44.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 14 | 11 | -21.4% |
22 Bedrooms | 40 | 37 | -7.5% |
33 Bedrooms | 32 | 29 | -9.4% |
44 Bedrooms | 12 | 13 | +8.3% |
55+ Bedrooms | 8 | 7 | -12.5% |
Summary: North Providence housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -21.4%. The inventory for 2 bedroom homes decreased by -7.5%. The inventory for 3 bedroom homes decreased by -9.4%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes decreased by -12.5%.
Asking Price vs. Sold Price
How much do homes in North Providence, RI cost?
Over Asking Price13 Homes
At Asking Price2 Homes
Under Asking Price6 Homes
If you're buying a home in North Providence, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in North Providence in January 2025, down by 44.7% month-over-month. Of the 21 sold homes, 29% were sold under asking, 10% were sold at asking, and and 62% were sold over asking.
Days on Market for North Providence, RI
How long does it take to sell a home in North Providence, RI?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days8 Homes
Over 90 Days2 Homes
Many homes in North Providence are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 21 homes were sold in North Providence; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearJan 2025 | ||
30 Days1 year agoJan 2024 | +31.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Providence had an average listing age of 40 days in Jan 2025, up by 31.3% compared to the previous year.
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Newest Listings in North Providence, RI
What homes are available in North Providence, RI?
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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 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.