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Area data

Providence, RI — ZIP 02906

Population: 26,380 (Census ACS)

Home values & appreciation

Median home value
$822,494
1-year appreciation
+5.2%
3-year appreciation
+21.5%
5-year appreciation
+44.6%
10-year appreciation
+104.1%
All-time peak (2026-07)
$822,494
House Price Index
428.0 (+4.1% YoY)

Market activity

Median sale price
$565,000
Median list price
$471,500
Median days on market
37 days
Sale-to-list ratio
101.4%
Active listings
18
1-year forecast
+2.9%
Days to pending
24 days
New listings (monthly)
28

Rents

Typical rent
$2,450/mo
1-year rent change
+5.1%
1BR fair-market rent
$1,509/mo
3BR fair-market rent
$2,498/mo

Affordability

Cost of living index (Average)
99.0 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
62.0°F
Average low
46.0°F
Annual precipitation
57.9 in
Annual snowfall
16.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
217

Walkability & transit

Walkability index
16.7 / 20
Transit service frequency
166

Amenities

National parks within ~60 mi
15
Nearest national park
Roger Williams National Memorial (1 mi)
Nearest airport
North Central State Airport (SFZ) (8 mi)
Nearest major airport
Rhode Island T. F. Green International Airport (PVD) (8 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-1,506 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$6,976
Mean commute to work
17 min
Households with broadband internet
89.3%

Employment & development

Total county employment
249,035
Average weekly wage
$1,251
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
223

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents