Markets › Rhode Island
Rhode Island housing market
In the Ocean State, part of the Census Bureau's New England division, Pecan Street tracks one market: Providence. Providence's median sale price is $546K over Jul–Sep 2026, up 4.6% from the same 3 months a year earlier.
Median days on market in Providence is 39. In Providence, 34% of active listings carry a price cut. Price-to-rent in Providence is about 20: the median sale price is that many years of HUD Fair Market Rent. Among the 385 U.S. metros Pecan Street tracks, the Providence metro has the 24th-fewest median days on market. Rhode Island's unemployment rate was 3.6% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Providence | $546K | +4.6% | 39 | 34% | ≈ 20 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.