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Foreclosure Homes in Providence, RI 02911

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Providence, RI Foreclosures

Current Market Conditions in in Providence, RI As of March 2026?
Over the past month, Providence has experienced a slight uptick in housing prices reflected in increased sale prices and a quicker turnover rate for listings. The rental market remains steady as more individuals are attracted to the city, seeking both short and long-term accommodations. This trend indicates a growing confidence in the local economy and housing market, suggesting that affordability may become a looming issue if the trend continues.
How much do homes sell for in Providence, RI?
The average home price is currently $524,439.
In Providence, RI, how many homes are available?
There are currently 2 active home listings available in Providence.
What’s the average rental cost in Providence, RI?
The average rental price in Providence is $1,770.
What is the most expensive home in Providence?
The most expensive home sold in Providence had a price of $89,372,216.
What is currently the cheapest priced home in Providence, RI?
The cheapest home for sale in Providence is priced at $12,819.

Living in Providence, RI

Providence, Rhode Island, is a city rich in history and culture. Known for its diverse arts scene and excellent dining options, it offers a lively urban lifestyle. The city provides a blend of historic architecture and modern amenities, along with beautiful green spaces for recreation.

Buyer vs Seller Market in Providence, RI

The real estate market in Providence has shown steady growth, with an increase in demand for housing due to its attractive lifestyle and accessibility. The influx of young professionals and families has driven prices higher, particularly in popular neighborhoods close to downtown. Market trends show a growing interest in both rental and purchase properties, making it a competitive market for buyers.

Home Value Estimator For Providence, RI

There are currently 62,420 real estate properties in Providence, RI, with a median automated valuation model (AVM) price of $391,998.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in 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 Providence, RI, is $524,439.00, with the most expensive house in Providence, RI, topping out at $89,372,216.00 and the cheapest home in Providence, RI, clocking in at $12,819.00. In other words, there’s something for every potential homebuyer or savvy investor in Providence, RI!

Rent Prices In Providence, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Providence, RI, is on a rollercoaster ride. The average rent price in Providence, RI, is $1,770.00. Indeed, when looking to rent in Providence, RI, you can expect to pay as little as $710.00 or as much as $4,500.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in 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.

Providence, RI 02911 Foreclosures

Market Trend for Providence, RI

Total Listings Available: 2

Market Values:

Home Prices from $12,819 to $89,372,216

Average Sales Price: $524,439

Rental Values:

Rental from $710 to $4,500

Average Rent Value: $1,770 / month

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