Providence is Rhode Island’s capital city and going through what many say is a “Renaissance Period.” What does that mean? It means Providence’s arts, culture, food, and music scenes are stronger than ever and embraced by the city government. In fact, Providence rebranded itself as the “Creative Capital” back in 2010, and have been putting time and effort into attracting (retaining) residents with their unique public programming and support of the arts. This means Providence is more exciting now to live in than ever before. As one of the oldest cities in America, it has an incredible concentration of historic buildings and charm.
According to Realtor.com, in February 2023, the median listing home price in Providence, RI was $349K, trending up 18.3% year-over-year. The median listing home price per square foot was $256. The median home sold price was $308.5K.
* 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