Key takeaways
- Property values in Providence have increased over 6% in the last year—creating an ideal market for sellers.
- Homes in Providence spend an average of 83 days on the market. This gives buyers and their agents time to negotiate listing prices.
- Young professionals are flocking to Providence due to its ample job opportunities and plenty of nightlife and entertainment options.
Top Real Estate Agents In Providence
The smallest state in the country has a surprisingly big real estate market.
Providence has long been known for its trendy shops, esteemed universities, and mouth watering Italian food—now it’s also on the rise as a booming housing market. Whether you’re looking to sell property, or make Rhode Island’s capital your new home, read on for everything you need to know about Providence real estate.
Providence’s Housing Market
Median household income
$42,158
Average home price
$192,100
Average days on market
83
Even if you’re working with the best real estate agent in Providence, RI, a little knowledge of the housing market can’t hurt. Here’s everything potential buyers and sellers should know about Rhode Island real estate:
- Providence, RI has a median household income of $42,158—a 4.44% increase over the last year.
- Data USA reports that property values are on the rise in the Providence area, with an average list price of $192,100.
- Homes in Providence may take time to sell—spending an average of 83 days on the market.
Best Buyer Agents In Providence
When homes sit on the market, potential buyers have the chance to negotiate listing prices. Hiring the right buyer’s agent can facilitate this process and get you the best deal on your new home.
Fill out our buyer’s form today to discover a top Providence real estate agent, like:
Jay Rezendes
Named a Top Negotiator and Top Producer in 2020, Jay Rezendes is an expert realtor on Providence real estate. As a buyer’s agent, Jay is committed to finding clients their perfect home. Jay has earned a number of rave reviews online, many of which highlight his speedy response time and strong work ethic.
Connor Dowd
Connor Dowd is a real estate professional with 22 years of experience and over 200 successful transactions. As a buyer agent, Connor specializes in downsizing, first-time home buyers, and vacation properties. You can rely on him for all of your unique real estate needs.
Lisa Bernardeau
Lisa’s 44 five-star reviews highlight her exceptional qualities as a buyer agent, including her ability to stay within budget and her knowledge of the Providence housing market.
Best Seller Agents In Providence
If you’re looking to cash in on rising property values, you’ll need the help of an experienced seller agent. A seller agent will help you list your property, find interested buyers, and facilitate negotiations for a lucrative home sale.
Homeowners are encouraged to fill out our real estate agent form. From there, you can find an experienced Providence, RI real estate agent, such as:
Debra Blanchet
Debra Blanchet is a seller agent who specializes in short-sales and single-family homes. She has 32 years of experience as a realtor and over 300 successful sales under her belt. Debra’s price point hovers around $237,000—making her a perfect agent for the average Providence homeowner.
Sam Alpern
With only four years of experience, Sam Alpern has already skyrocketed to the top of Providence real estate. Sam has sold nearly 100 single-family homes, and specializes in portfolio sales, investment properties, and relocation services.
Alessa Alvarez
Alessa Alvarez is a top-selling Providence agent. With over 80 five-star reviews, 74 recent transactions, and 155 total sales—it’s clear that Alessa is a listing agent who gets the job done.
Get To Know Providence
True Rhode Islanders know this small state has a lot to offer. Beyond its booming housing market, the state’s capital is rich with history, culture, and entertainment. Here are the facts everyone should know about the charming city of Providence:
Providence has a population of 179,435, making it the most populous city in the state of Rhode Island.
Providence is home to a number of Fortune 500 companies, including Textron Industries, United Natural Foods, and Citizens Financial Group. Many residents also hold government jobs in this capital city, and others are employed by the neighboring universities of Brown and Rhode Island School of Design.
In addition to its colleges, Providence also has a number of well-funded public schools, including: 67 elementary schools, 51 middle schools, and 44 high schools.
There are currently 25 hospitals in the Providence metro area. Some of the most highly-rated facilities include Miriam Hospital and Roger Williams Medical Center.
Providence experiences classic northeastern weather, with cold winters, colorful autumns, and mild summers. Locals can expect an average of 25-30 inches of snow per year, so don’t forget to pack your shovel!
Some of Providence’s most popular entertainment options include the annual WaterFire festival, the RISD art museum, and the Providence Ghost Tour. Residents can also grab some delicious food on Federal Hill, or hop around the many bars and coffee shops downtown.
Hottest Zip Codes
Even in the small city of Providence, neighborhoods can make a huge difference in your real estate search. To get a better idea of the area, check out these popular Providence zip codes:
02906
Also known as College Hill, this zip code is located on Providence’s quiet east side. The neighborhood is named for its proximity to Brown University, which lends to the beautiful architecture and lush greenery surrounding the area.
02903
The central neighborhood of Federal Hill is known for its rich Italian heritage, including delicious restaurants, markets, and a tightly-knit community. This is the perfect zip code for homeowners who want to live in the heart of the city.
02908
This zip code, also known as Elmhurst, is a residential suburb of Providence. Elmhurst offers homeowners lower listing prices, more space, and quieter surroundings—making it the ideal place for families with children.
Find Your Providence Real Estate Agent
With rising property values, ample listings, and plenty of room for price negotiations, the capital of Rhode Island is experiencing a record-breaking housing boom. To start your exciting new journey, fill out our form and discover an experienced real estate agent in Providence, RI.
The future is waiting—find your next Providence property, today!