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Short Sale Listings in East Providence, RI

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East Providence, RI Foreclosures

How much do homes sell for in East Providence, RI?
The average home price is currently $518,969.
In East Providence, RI, how many homes are available?
There are currently 22 active home listings available in East Providence.
What’s the average rental cost in East Providence, RI?
The average rental price in East Providence is $1,531.
What is the most expensive home in East Providence?
The most expensive home sold in East Providence had a price of $49,749,548.
What is currently the cheapest priced home in East Providence, RI?
The cheapest home for sale in East Providence is priced at $60,139.

Living in East Providence, RI

East Providence, RI is a vibrant waterfront city that offers a perfect blend of suburban tranquility and urban accessibility. With a strong sense of community, excellent schools, and beautiful parks, it is an ideal place for families. Residents enjoy outdoor activities along the Seekonk River while being just a short commute away from the city of Providence.

Current Market Conditions in East Providence, RI

The real estate market in East Providence remains competitive, with a steady increase in home prices over the past year. The demand for homes has been driven by the appealing community features and convenient location, particularly attracting young professionals and families. The market is characterized by a mix of single-family homes and newer developments, providing diverse options for buyers.

As of now, the market is experiencing a slight cooling trend, but it still favors sellers due to the limited inventory of homes available. This is particularly true for properties located near the waterfront, where demand remains strong. Buyers are encouraged to act quickly when opportunities arise.

Home Value Estimator For East Providence, RI

There are currently 6,278 real estate properties in East Providence, RI, with a median automated valuation model (AVM) price of $426,060.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Providence, RI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in East Providence, RI, is $518,969.00, with the most expensive house in East Providence, RI, topping out at $49,749,548.00 and the cheapest home in East Providence, RI, clocking in at $60,139.00. In other words, there’s something for every potential homebuyer or savvy investor in East Providence, RI!

Rent Prices In East Providence, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Providence, RI, is on a rollercoaster ride. The average rent price in East Providence, RI, is $1,531.00. Indeed, when looking to rent in East Providence, RI, you can expect to pay as little as $800.00 or as much as $3,020.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in East Providence, RI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

East Providence, RI Short Sale Listings

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