27Alpha

Providence-Warwick, RI Housing Market Brief

metro · RI · as of May 2026

Buyer's

What is Providence-Warwick, 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%
50
Inventory Health25%
7
Affordability20%
15
Economic Strength20%
+3.431
Rental Yield15%
42

Where is Providence-Warwick, RI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Providence-Warwick, 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-Warwick, RI housing market data

MetricValueYoY
Median Days on Market27 days-6.9%

How has Providence-Warwick, RI’s Alpha Score moved?

Now: 27
3-period trend

Markets like Providence-Warwick, RI

Frequently asked questions

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

As of May 2026, Providence-Warwick, RI is classified as a Buyer's Market, based on its Alpha Score of 27 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

How affordable is Providence-Warwick, RI?

Providence-Warwick, RI scores 15 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Providence-Warwick, RI's Alpha Score?

Providence-Warwick, RI's strongest dimension is Price Momentum (50/100) and its weakest is Inventory Health (7/100). The Alpha Score is a weighted blend of all five dimensions.

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