Providence shows strong market competition with homes receiving about six offers on average and selling in approximately 25 days. In July 2025, the median sale price was $500,000, down 1.7% year over year, while the median price per square foot rose to $276, up 19.4% year over year. The sale‑to‑list price ratio stood at 99.9%, with 42.7% of homes selling above list and 22.9% experiencing price reductions. Median prices are 28% above the U.S. median and the overall cost of living is 12% higher. Walkability and bikeability scores are strong, with moderate transit access.
"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 $276 (up 19.4% year over year). The sale‑to‑list price ratio was 99.9%, with 42.7% of homes selling above list and 22.9% seeing price drops."
"Providence's median sale price was 28% higher than the U.S. median, and the overall cost of living was 12% higher than the national average. Lifestyle snapshot: Walk Score 76 (Very Walkable), Transit Score 47 (Some Transit), Bike Score 61 (Bikeable). Latest Providence listings"
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