#1385687, Listing Office: Oakmont Realty Group
Providence Housing Market Report April 2025•Providence County, Rhode Island
Housing Prices in Providence, RI
How much do homes in Providence, RI cost?
Housing Market Conditions
Is Providence, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Providence is a Seller's Market
Difference Since April 2024
Since last year, Providence has remained a Seller's Market.
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 Providence have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Providence was $505,230 in April 2025, up 14.1% from last year, and the median price per square foot was $290.
Median Sold Price By Cities
City | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
Providence | $442.8K | $505.2K | +14.1% |
Johnston | $400K | $440K | +10.0% |
Cranston | $409.5K | $450K | +9.9% |
Rumford | $447K | $455K | +1.8% |
North Providence | $375K | $370K | -1.3% |
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $315K | $309.5K | -1.7% |
22 Bedrooms | $365K | $375K | +2.7% |
33 Bedrooms | $373.2K | $410K | +9.9% |
44 Bedrooms | $420K | $485K | +15.5% |
55+ Bedrooms | $560K | $650K | +16.1% |
Summary: Providence housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.7%. The home price for 2 bedroom homes increased by +2.7%. The home price for 3 bedroom homes increased by +9.9%. The home price for 4 bedroom homes increased by +15.5%. The home price for 5 bedroom homes increased by +16.1%.
How does Providence, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Providence, RI
Housing supply in Providence, RI
How many homes are available in Providence, RI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
450Last MonthApr 2025 | ||
3982 months agoMar 2025 | +13.1 % Change MoMMar – Apr |
Summary: The Providence real estate market had 450 homes for sale in Apr 2025, a 13.1 % increase compared to Mar 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
89Last MonthApr 2025 | ||
1082 months agoMar 2025 | -17.6 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 19 | 27 | +42.1% |
22 Bedrooms | 54 | 66 | +22.2% |
33 Bedrooms | 93 | 101 | +8.6% |
44 Bedrooms | 72 | 87 | +20.8% |
55+ Bedrooms | 160 | 169 | +5.6% |
Summary: Providence housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +42.1%. The inventory for 2 bedroom homes increased by +22.2%. The inventory for 3 bedroom homes increased by +8.6%. The inventory for 4 bedroom homes increased by +20.8%. The inventory for 5 bedroom homes increased by +5.6%.
Asking Price vs. Sold Price
How much do homes in Providence, RI cost?
Over Asking Price45 Homes
At Asking Price16 Homes
Under Asking Price28 Homes
If you're buying a home in Providence, you could pay more than the asking price. 50.6% of homes here sold above asking price last month.
Summary: A total of 89 homes were sold or pending in Providence in April 2025, down by 17.6% month-over-month. Of the 89 sold homes, 31% were sold under asking, 18% were sold at asking, and and 51% were sold over asking.
Days on Market for Providence, RI
How long does it take to sell a home in Providence, RI?
Breakdown of Home Sale Times
Under 30 Days63 Homes
30 – 90 Days26 Homes
Over 90 Days0 Home
Many homes in Providence are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 89 homes were sold in Providence; 71% of homes were sold within 30 days, 29% 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 |
---|---|---|
21 DaysThis YearApr 2025 | ||
29 Days1 year agoApr 2024 | -26.9 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Providence had an average listing age of 21 days in Apr 2025, down by 26.9% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Providence, RI
What homes are available in Providence, RI?
Popular Cities with Homes for Sale in Rhode Island
- Homes for sale in Coventry, RI
- Homes for sale in Cranston, RI
- Homes for sale in Cumberland, RI
- Homes for sale in East Greenwich, RI
- Homes for sale in East Providence, RI
- Homes for sale in Johnston, RI
- Homes for sale in Lincoln, RI
- Homes for sale in Middletown, RI
- Homes for sale in Narragansett, RI
- Homes for sale in Newport, RI
- Homes for sale in North Kingstown, RI
- Homes for sale in Pawtucket, RI
- Homes for sale in Portsmouth, RI
- Homes for sale in Providence, RI
- Homes for sale in Smithfield, RI
- Homes for sale in South Kingstown, RI
- Homes for sale in Tiverton, RI
- Homes for sale in Warwick, RI
- Homes for sale in Westerly, RI
- Homes for sale in Woonsocket, RI
MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, MLS Property Information Network Inc., and SmartMLS for the period 05/01/2023 - 05/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 8:20:28 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: 5/21/2025, 8:20:27 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: 5/21/2025, 8:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.