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PROVIDENCE, RI 02906

Real Estate Market Report  ·  Providence County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
51
⇧ 70% vs 30 last year
Pending
21
41% pending ratio
Median Price
$744,000
⇧ 7.3% vs $693,500 last year
Average Price
$1,049,426
⇧ 26.9% vs $827,072 last year
Days on Market
73
⇧ 55.3% vs 47 days last year

Market Context

Population: 26,437  ·  Density: 3,293.5/mi²  ·  Median household income: $98,563

Typical home value: $578,013  ·  Homeownership: 48.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PROVIDENCE, RI real estate market (02906) currently shows 51 active listings, with 21 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 47 days last year.

The median listing price has risen 7.3% year-over-year, from $693,500 to $744,000.

Whether you are buying or selling in PROVIDENCE, RI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 30 last year
  • Days on market: 73 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $744,000 (+7.3% YoY)
  • Average: $1,049,426 (+26.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 437 listings ($282,795,942 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02906Providence, RI 029060.0 mi51$53,520,726$744,000$1,049,426
02916Rumford, RI 029161.9 mi32$20,763,296$558,995$648,853
02914East Providence, RI 029142.2 mi28$12,745,376$449,950$455,192
02904Providence, RI 029042.8 mi64$24,260,672$389,900$379,073
02907Providence, RI 029073.4 mi20$8,597,540$429,900$429,877
02863Central Falls, RI 028633.5 mi5$1,848,625$355,000$369,725
02771Seekonk, MA 027713.7 mi15$10,769,250$599,000$717,950
02915Riverside, RI 029154.8 mi23$10,897,561$440,000$473,807
02865Lincoln, RI 028655.9 mi36$26,663,760$674,900$740,660
02888Warwick, RI 028886.4 mi44$21,143,672$462,400$480,538
02769Rehoboth, MA 027697.4 mi29$25,134,735$706,400$866,715
02703Attleboro, MA 027038.0 mi57$35,575,467$549,900$624,131
02921Cranston, RI 029218.4 mi33$30,875,262$889,450$935,614

Frequently Asked Questions

How many homes are for sale in PROVIDENCE, RI 02906?

As of January 2026, there are 51 active listings in PROVIDENCE, RI (zip code 02906), compared to 30 the prior year.

What is the median home price in PROVIDENCE, RI 02906?

The median listing price in PROVIDENCE, RI 02906 is $744,000 as of January 2026, a 7.3% increase from $693,500 the prior year.

How long do homes stay on the market in PROVIDENCE, RI?

Homes in PROVIDENCE, RI 02906 spend an average of 73 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE, RI 02906?

Based on current inventory and days-on-market data as of January 2026, PROVIDENCE, RI 02906 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 47 days last year.

How much can I save on real estate commission in PROVIDENCE, RI?

With SELL123.com's maximum 3% commission, sellers in PROVIDENCE, RI 02906 save an estimated $14,880 compared to a typical 5% commission on the median listing price of $744,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.