New York-Newark-Jersey City vs Providence-Warwick: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of May 2026

New York-Newark-Jersey City vs Providence-Warwick side by side

Metric New York-Newark-Jersey City Providence-Warwick
Alpha Score2727
Price Momentum5050
Inventory Health07
Affordability515
Economic Strength6231
Rental Yield2442
Median Sale Price
Price-to-Income6.04.5
Payment-to-Income37.0%27.6%
Months of Supply
Gross Rental Yield3.6%3.8%
Overvaluation Index

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How New York-Newark-Jersey City and Providence-Warwick compare, dimension by dimension

  • Affordability: Providence-Warwick leads — New York-Newark-Jersey City 5/100 vs Providence-Warwick 15/100.
  • Price Momentum: New York-Newark-Jersey City and Providence-Warwick score the same (50/100).
  • Inventory Health: Providence-Warwick leads — New York-Newark-Jersey City 0/100 vs Providence-Warwick 7/100.
  • Economic Strength: New York-Newark-Jersey City leads — New York-Newark-Jersey City 62/100 vs Providence-Warwick 31/100.
  • Rental Yield: Providence-Warwick leads — New York-Newark-Jersey City 24/100 vs Providence-Warwick 42/100.

Frequently asked questions

Which has a higher Alpha Score, New York-Newark-Jersey City or Providence-Warwick?

They're essentially tied, each near 27 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is New York-Newark-Jersey City or Providence-Warwick more affordable?

Providence-Warwick is more affordable on our affordability dimension. Price-to-income is 6.0 in New York-Newark-Jersey City and 4.5 in Providence-Warwick.

Which housing market has stronger momentum, New York-Newark-Jersey City or Providence-Warwick?

Both markets show similar price momentum (about 50/100).

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the New York-Newark-Jersey City market brief and the Providence-Warwick brief.