47Alpha

Providence County, RI Housing Market Brief

county · RI · as of May 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%
-3.872
Inventory Health25%
-8.749
Affordability20%
11
Economic Strength20%
+1.556
Rental Yield15%
47

Where is Providence County, RI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Providence County, RI is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

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%
Sale-to-List Ratio101.1%-0.6%

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

Now: 47
3-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 May 2026, Providence County, RI is classified as a Balanced Market, based on its Alpha Score of 47 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 11 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 (11/100). 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.