Providence County, RI Housing

Providence, RI County is a great place to invest in housing. The median house value is currently $372,900, which is higher than the US House median value of $338,100. In addition, the 1 year house appreciation rate for this county is 10.48%, which is higher than the national appreciation rate of 8.27%. Investing in Providence's housing market can be a wise choice as it continues to grow and appreciate in value at a faster rate than many other areas in the United States.

The median home cost in Providence County is $372,900. Home appreciation the last 10 years has been 96.5%. Home Appreciation in Providence County is up 14.5%.

Average Age of Homes

- The median age of Providence County real estate is 63 years old

The Rental Market in Providence County

- Renters make up 42.0% of the Providence County population
- 2.1% of houses and apartments in Providence County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Providence, Rhode Island	United States
	275,352.0	139,647,020.0
	66	42
	$372,900	$338,100
	14.5%	16.6%
	60.8%	57.0%
	96.5%	101.1%
	$16.01	$10.98
	$4,270	$2,690
	50.5%	57.4%
	9.4%	11.2%
	40.2%	31.4%
Vacant Housing
	2.1%	1.9%
	0.8%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.8%	2.4%
	0.3%	2.8%
	0.7%	3.9%
	0.9%	4.5%
	5.1%	11.3%
	14.4%	13.0%
	38.9%	20.1%
	21.1%	13.6%
	8.3%	8.3%
	5.7%	9.7%
	1.4%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	6.2%	13.6%
	9.7%	13.2%
	10.9%	14.8%
	6.2%	13.6%
	11.8%	10.0%
	6.9%	4.7%
	37.4%	12.2%

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