Welcome to the “Birthplace of the Industrial Revolution” — Pawtucket, Rhode Island. It’s the fourth largest city in the state located just north of Providence. This city has gone through quite a “renaissance period” over the past ten years which has attracted scores of artists and creators to its downtown neighborhoods. The city has invested in renovating many of their industrial mill buildings into residential and commercial spaces, such as Hope Artiste Village and Slater Cotton Mill Apartments. Pawtucket’s central location, proximity to Providence, and easy access to I-95 have renewed a lot of interest for homeowners. You can find A TON of loft-style condominiums here, plus a good range of suburban and urban-style neighborhoods.
According to Realtor.com, in February 2023, the median listing home price in Pawtucket, RI was $325K, trending up 8.4% year-over-year. The median listing home price per square foot was $241. The median home sold price was $323.7K.
* Tax rate based per thousand - Sources: United States Census Bureau. 2020 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 7 December 2023. & Realtor.com