The housing market in 02904 Providence, RI is performing better than the national average. The median value of homes in the area is $315,700, which is lower than the national median value of $338,100. However, over the past year, houses in 02904 Providence have appreciated by 10.01%, higher than the US house appreciation rate of 8.27%. This indicates that the housing market in this area is healthy and it's a good time to invest in real estate here.
The median home cost in Providence (zip 02904) is $315,700. Home appreciation the last 10 years has been 100.0%. Home Appreciation in Providence (zip 02904) is up 13.6%.
Average Age of Homes
- The median age of Providence (zip 02904) real estate is 47 years old
The Rental Market in Providence (zip 02904)
- Renters make up 42.6% of the Providence (zip 02904) population
- 2.2% of houses and apartments in Providence (zip 02904), 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.