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PROVIDENCE, RI 02909

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

Neighborhoods in ZIP 02909

Federal Hill · Hartford · Manton · Mount Pleasant · Olneyville · Silver Lake · Valley · West End

Market Analysis

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

The PROVIDENCE, RI real estate market (02909) currently shows 46 active listings, with 15 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 23 days last year.

The median listing price has risen 1.8% year-over-year, from $389,900 to $397,000.

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Market Context

Market Context

Population: 42,629  ·  Density: 5,258.1/mi²  ·  Median household income: $58,085

Typical home value: $250,928  ·  Homeownership: 38.4%

Market Overview

Active Listings
46
⇧ 21.1% vs 38 last year
Pending
15
33% pending ratio
Median Price
$397,000
⇧ 1.8% vs $389,900 last year
Average Price
$419,382
⇧ 5.7% vs $396,648 last year
Days on Market
28
⇧ 21.7% vs 23 days last year

Price Per Square Foot

Median $/sqft
$325
⇧ 20.8% vs $269/sqft last year
Median Home Size
1,092 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 38 last year
  • Days on market: 28 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $397,000 (+1.8% YoY)
  • Average: $419,382 (+5.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 465 listings ($262,799,913 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02909Providence, RI 029090.0 mi35$13,367,130$378,650$381,918
02907Providence, RI 029071.9 mi18$8,035,794$452,150$446,433
02911North Providence, RI 029112.8 mi24$11,756,112$484,625$489,838
02910Cranston, RI 029103.1 mi34$14,968,194$406,175$440,241
02906Providence, RI 029063.5 mi44$46,463,692$674,700$1,055,993
02919Johnston, RI 029193.6 mi75$44,333,850$535,000$591,118
02860Pawtucket, RI 028604.8 mi39$15,090,699$362,475$386,941
02888Warwick, RI 028885.2 mi38$15,979,266$424,900$420,507
02863Central Falls, RI 028635.8 mi5$1,933,750$384,750$386,750
02865Lincoln, RI 028656.5 mi46$28,744,066$494,475$624,871
02828Greenville, RI 028286.9 mi11$7,243,368$409,900$658,488
02917Smithfield, RI 029177.1 mi24$19,349,040$629,925$806,210
02889Warwick, RI 028898.3 mi72$35,534,952$477,100$493,541

Frequently Asked Questions

How many homes are for sale in PROVIDENCE, RI 02909?

As of September 2026, there are 46 active listings in PROVIDENCE, RI (zip code 02909), compared to 38 the prior year.

What is the median home price in PROVIDENCE, RI 02909?

The median listing price in PROVIDENCE, RI 02909 is $397,000 as of September 2026, a 1.8% increase from $389,900 the prior year.

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

Homes in PROVIDENCE, RI 02909 spend an average of 28 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE, RI 02909?

Based on current inventory and days-on-market data as of September 2026, PROVIDENCE, RI 02909 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 23 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 02909 save an estimated $7,940 compared to a typical 5% commission on the median listing price of $397,000. 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.