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 $579K as of Aug 2026, up 7.3% from a year earlier.
Median days on market in Providence is 39. In Providence, 32% of active listings carry a price cut. Price-to-rent in Providence is about 21: the median sale price is that many years of HUD Fair Market Rent. Among the 195 U.S. metros Pecan Street tracks, the Providence metro has the 17th-fewest median days on market. Rhode Island's unemployment rate was 3.7% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Providence | $579K | +7.3% | 39 | 32% | ≈ 21 |
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.