Zip 02909 (Providence, RI) Housing

The housing market in 02909 Providence, RI is doing well compared to the national average. The median value for homes in 02909 Providence, RI is $307,800, which is slightly lower than the US House Median Value of $338,100. However, the house appreciation rate over the past year has been very strong at 10.01%, exceeding the US 1 year House Appreciation rate of 8.27%. This suggests that the housing market in 02909 Providence, RI is currently booming and may continue to be so for some time.

The median home cost in Providence (zip 02909) is $307,800. Home appreciation the last 10 years has been 100.0%. Home Appreciation in Providence (zip 02909) is up 13.6%.

Average Age of Homes

- The median age of Providence (zip 02909) real estate is 78 years old

The Rental Market in Providence (zip 02909)

- Renters make up 60.2% of the Providence (zip 02909) population
- 5.6% of houses and apartments in Providence (zip 02909), 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
	18,656.0	139,647,020.0
	66	42
	$307,800	$338,100
	13.6%	16.6%
	61.0%	57.0%
	100.0%	101.1%
	$16.56	$10.98
	$3,626	$2,690
	30.4%	57.4%
	20.4%	11.2%
	49.3%	31.4%
Vacant Housing
	5.6%	1.9%
	0.6%	0.4%
	1.4%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	12.7%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.3%	2.4%
	0.5%	2.8%
	2.0%	3.9%
	1.6%	4.5%
	10.0%	11.3%
	24.8%	13.0%
	42.8%	20.1%
	13.0%	13.6%
	1.9%	8.3%
	1.1%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	6.3%	13.6%
	6.2%	13.2%
	7.5%	14.8%
	6.3%	13.6%
	5.5%	10.0%
	4.6%	4.7%
	60.8%	12.2%

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