Providence experiences strong buyer competition, with homes receiving about six offers and typically selling in roughly 24–25 days. July 2025 data shows a median sale price of $500,000 (−1.7% year over year) and a median sale price per square foot of $273 (up 18.1% year over year). The sale-to-list price ratio is 99.9%, 42.7% of homes sold above list, and 22.8% had price drops. The Redfin Compete Score is 83 (Very Competitive). Hot homes can sell about 3% above list and go pending in around 10 days. Median prices are 28% above the national average. Walk Score 76, Transit Score 47, Bike Score 61.
"Providence is very competitive. Homes here receive about 6 offers on average and sell in around 25 days. In July 2025, the median sale price was $500,000 (−1.7% year over year) and the median sale price per square foot was $273 (up 18.1% year over year). Sale‑to‑list price ratio: 99.9%; 42.7% of homes sold above list; 22.8% had price drops. Redfin Compete Score®: 83 (Very Competitive)."
"Sale‑to‑list price ratio: 99.9%; 42.7% of homes sold above list; 22.8% had price drops. Redfin Compete Score®: 83 (Very Competitive). Typical homes sell around list price and go pending in ~24 days; hot homes can sell about 3% above list and go pending in ~10 days. Providence's median sale price is 28% higher than the national average. Lifestyle snapshot: Walk Score 76 (Very Walkable), Transit Score 47 (Some Transit), Bike Score 61 (Bikeable)."
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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