49Alpha

Providence County, RI Housing Market Brief

county · RI · as of July 2026

Balanced

What is Providence County, RI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
72
Inventory Health25%
48
Affordability20%
14
Economic Strength20%
65
Rental Yield15%
48

Where is Providence County, RI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Providence County, RI is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Providence County, RI?

Our model forecasts Providence County, RI’s home prices to rise about 1.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Providence County, RI housing market data

MetricValueYoY
Median Sale Price$482K▲ +4.8%
Median Days on Market24 days▲ +4.4%
Months of Supply2.3▲ +21.1%
Homes for Sale976-3.1%
Homes Sold425-20.6%
Median Price / Sq Ft$270▲ +2.2%

How has Providence County, RI’s Alpha Score moved?

Now: 49
12-period trend
Median sale price · 12 mo

Markets like Providence County, RI

Frequently asked questions

Is Providence County, RI a buyer's or seller's market?

As of July 2026, Providence County, RI is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Providence County, RI?

The median sale price in Providence County, RI is $482K, having risen 4.8% over the past year.

How affordable is Providence County, RI?

Providence County, RI scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Providence County, RI's Alpha Score?

Providence County, RI's strongest dimension is Price Momentum (72/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Providence County, RI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.