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Market Watch
August 21, 2026· Updated August 22, 2026
4 min read

Providence, RI Housing Market 2026: What Homes Actually Sell For

What homes actually sell for in Providence: a median closing price of $575,000 across 788 closings Resideline tracked over the last six months, plus the full price spread.

Resideline Team
Providence, RI Housing Market 2026: What Homes Actually Sell For

If you invest in or around Providence, the number that matters is what homes actually close for, not what sellers are asking. Here is what Providence sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.

The snapshot

  • Closings tracked, last 6 months: 788
  • Median sold price, last 6 months: $575,000
  • Median sold $/sqft, last 6 months: $270
  • Middle half of sales closed between: $420,000 and $740,000

What the numbers say

Resideline tracked 788 closed sales in Providence over the last six months, with a median closing price of $575,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $420,000 and $740,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 786 closings with usable living area, the middle half sold between $214 and $367 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Providence, RI (August 2026)

The median home price in Providence is $575,000, measured across the 788 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $420,000 and $740,000.

Where Providence sale prices land

What homes actually sell for in Providence
Closed sale prices over the last six months. Middle half of sales: $420k to $740k
$288k to $404k: 137 sales$288k$404k to $521k: 166 sales166sales$521k to $637k: 122 sales$521k$637k to $754k: 134 sales$754k to $870k: 60 sales$754k$870k to $987k: 25 sales$987k to $1.1M: 23 sales$987k$1.1M to $1.22M: 12 salesMedian $575k

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Providence over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $420,000 and $740,000. Where your target property sits inside that spread matters more than the citywide median.

Median sold price per square foot
Providence monthly medians over the last six months, among qualifying closings with usable living area
Feb 2026: $343 per square foot across 16 sales$343Feb 2026Mar 2026: $258 per square foot across 110 sales$258Mar 2026Apr 2026: $260 per square foot across 151 sales$260Apr 2026May 2026: $264 per square foot across 146 sales$264May 2026Jun 2026: $285 per square foot across 175 sales$285Jun 2026Jul 2026: $275 per square foot across 125 sales$275Jul 2026Aug 2026: $267 per square foot across 63 sales$267Aug 2026

How long a sale takes here

  • Listed to under contract: a median of 20 days, across 510 Providence closings Resideline tracked in the last six months
  • Contract to closing: a median of 34 days, across 518 Providence closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 788 closings above: a sale is counted here only when we hold both of its dates.

The Providence angle

Across 788 closings Resideline tracked over the last six months, the median closed sale price was $575,000, and the middle half of sales closed between $420,000 and $740,000. The two halves of that band are close to even, so the median sits near the centre of the range rather than being pulled toward one end, which makes it a fair reference to start from and a weak one to finish with. Use the depth you have been given: require your comps to match on property type and size, and let the median do nothing more than tell you whether the answer you built is plausible.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Providence address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: Providence, RI
Data updated: August 2026
Analysis period: last six months
Tracked closings: 788
Median sold price: $575,000
Median sold $/sqft: $270 (786 qualifying)
https://resideline.com/blog/providence-ri-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Providence over the last six months, and is refreshed when the data is.

Frequently Asked Questions

What is the median home price in Providence?

The median sold price in Providence over the last 6 months is $575,000, measured across 788 closings Resideline tracked.

How many homes sold in Providence last month?

Resideline tracked 126 closed sales in Providence in July 2026, out of 788 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Providence?

The middle half of Providence sales over the last six months closed between $420,000 and $740,000, with a median of $575,000.

What is the typical price per square foot in Providence?

Among qualifying Providence closings Resideline tracked over the last six months, the median sold price per square foot was $270, measured across 786 sales with usable living area. Median is used rather than average because outliers distort the mean.

Where do most Providence, RI closed sales land?

Between $420,000 and $740,000 for the middle half of the 788 closings Resideline tracked over the last six months, with a median of $575,000. The band is close to typical width for our coverage and roughly balanced around the median. Treat it as the range an ordinary Providence sale occupies; a quarter of closings finished above the upper quartile and a quarter below the lower one, and pricing a specific address means deciding which part of that distribution it belongs in.

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