Current Price

$400,873

1 Month Forecast

â–² $428,832

1-Year Forecast *

â–² $459,404

5-Year Forecast *

â–² $558,941

"Is it a good time to buy homes in Providence?" "Does investing in real estate in Providence (Rhode Island State, Providence County) worth it?" According to our live Forecast System, buying a house in Providence is a good short-term (1-year) investment*. The Providence average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Providence" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Providence in Rhode Island State, Providence County. If you are looking for homes for sale with good flipping profit, Providence can be a profitable property investment option. The median price of an average house in Providence was 400,873 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Providence" area is 558,941 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +39.43% meaning that investing 100000 USD today may yield a profit of 39,431 USD by 2031.

Current Median Listing Price: 400,873 USD Median Listing Price Per Square Foot: 223 USD

Providence Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Providence (Rhode Island State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Providence Price Target

Providence median home price target in 12 months: $459,404* (upside of 14.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $425,563 $426,146 $424,533 $426,146
2024 $374,263 $400,873 $374,263 $400,873
2023 $341,893 $371,777 $341,741 $371,777
2022 $320,097 $342,110 $320,097 $346,059
2021 $277,611 $316,861 $277,611 $316,861
2020 $244,934 $272,997 $244,934 $272,997
2019 $231,423 $241,231 $231,423 $241,231
2018 $210,777 $230,550 $210,777 $230,550
2017 $190,195 $208,727 $190,195 $208,727
2016 $175,163 $188,636 $175,163 $188,636
2015 $159,956 $173,790 $159,956 $173,790
2014 $150,892 $159,393 $150,892 $159,393
2013 $139,616 $150,891 $139,616 $150,891
2012 $140,532 $139,478 $139,186 $140,532

Questions & Answers about the Providence Housing Market Forecast

How much does an average home cost in Providence today?

The value of an average home (the listing price) in Providence is $400,873 USD.

What is the average price per square foot in Providence?

According to Walletinvestor the median price per square foot in Providence is 223 USD.

Will the median listing price of homes in Providence grow / rise / go up?

Yes. The Providence home prices may rise from 400,873 USD to 459,404 USD in one year.

Is it profitable to invest in Providence homes?

Yes. The long-term profit potential is +14.60% in one year.

Will Providence house prices fall / drop?

No. See above.

What is the predicted price of a Providence home in 2030?

The predicted home sales price of a Providence home in 2030 in Providence is 533,692 USD.

What is the predicted price of a Providence home in 2035?

The predicted home sales price of a Providence home in 2035 in Providence is 680,093 USD.

Will real estate prices decrease in Providence?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Providence is the 182. largest city in the United States, located in Rhode Island State.

During the last 12 months the real estate prices in Providence, Providence decreased, looking at the past 12 months.

According to Walletinvestor's Providence real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.704% to 400,873 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 16.011% in 2021
  • 15.851% in 2022
  • 14.211% in 2023
  • 15.661% in 2024
  • 15.011% in 2025
  • 14.591% in 2026

Based on our Providence real estate market research and report the predicted sales prices will increase by 290.726% in the next 10 years.

Over the last 12 months, the value of homes in Providence fluctuated: increasing 4 times and decreasing 1 times.

Providence (Rhode Island) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Providence Housing Market Forecast with Real Estate Prices for 2025
August 2025 428832 400100 457564
September 2025 431536 396581 466490
October 2025 434256 394739 473773
November 2025 436993 409463 464524
December 2025 439748 397092 482404
Providence Housing Market Forecast with Real Estate Prices for 2026
January 2026 442520 402693 482347
February 2026 445236 411398 479074
March 2026 448000 424256 471744
April 2026 450824 409799 491849
May 2026 453666 414651 492681
June 2026 456526 431873 481178
July 2026 459404 422192 496615
August 2026 462299 435024 489575
September 2026 465214 432649 497779
October 2026 468146 435844 500448
November 2026 471097 439534 502661
December 2026 474067 444201 503933
Providence Housing Market Forecast with Real Estate Prices for 2027
January 2027 473575 439477 507672
February 2027 472079 424871 519287
March 2027 470588 426353 514824
April 2027 470259 446275 494242
May 2027 470834 446822 494847
June 2027 470536 443716 497357
July 2027 470327 433171 507483
August 2027 470608 440489 500726
September 2027 473082 439493 506670
October 2027 476064 429410 522718
November 2027 479065 432117 526013
December 2027 482085 451231 512938
Providence Housing Market Forecast with Real Estate Prices for 2028
January 2028 485124 442918 527330
February 2028 488182 460356 516008
March 2028 491259 442133 540385
April 2028 494356 444921 543792
May 2028 497472 458172 536773
June 2028 500608 473576 527641
July 2028 503410 454580 552241
August 2028 506577 470610 542544
September 2028 509771 459303 560238
October 2028 512984 480153 545815
November 2028 516218 486277 546159
December 2028 519472 488823 550121
Providence Housing Market Forecast with Real Estate Prices for 2029
January 2029 522747 483541 561953
February 2029 526042 473438 578646
March 2029 528736 492782 564690
April 2029 530311 490008 570615
May 2029 530897 488956 572838
June 2029 534244 484025 584462
July 2029 533692 482457 584926
August 2029 532951 506303 559599
September 2029 533004 496759 569248
October 2029 533304 492240 574368
November 2029 533967 486444 581490
December 2029 534976 503412 566539
Providence Housing Market Forecast with Real Estate Prices for 2030
January 2030 538348 487744 588953
February 2030 541742 509237 574246
March 2030 545157 494457 595857
April 2030 548594 505803 591384
May 2030 552052 500711 603393
June 2030 555532 511089 599974
July 2030 558941 508078 609805
August 2030 562411 518543 606279
September 2030 565956 519548 612365
October 2030 569524 533644 605404
November 2030 573114 522680 623548
December 2030 576727 520784 632669
Providence Housing Market Forecast with Real Estate Prices for 2031
January 2031 580362 529291 631434
February 2031 584021 544892 623150
March 2031 587703 550677 624728
April 2031 591407 557106 625709
May 2031 595135 553476 636795
June 2031 594517 539227 649807
July 2031 592640 548192 637088
August 2031 590768 560048 621488
September 2031 590354 557885 622824
October 2031 591077 560341 621813
November 2031 590703 545809 635596
December 2031 590440 536710 644170
Providence Housing Market Forecast with Real Estate Prices for 2032
January 2032 590792 553572 628012
February 2032 593898 541635 646161
March 2032 597642 562381 632903
April 2032 601409 568933 633886
May 2032 605201 552548 657853
June 2032 609016 574911 643121
July 2032 612855 579148 646562

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.