The story of this market
The typical home in North Providence, Rhode Island sells for about $440,000, or $255 per square foot.
Prices are up +18.7% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $2,300 a month.
Monthly price momentum
Home values since 2015
+5.7%
RI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
North Providence, Rhode Island
The North Providence housing market remains highly competitive, characterized by low inventory and strong year-over-year price appreciation. High demand from buyers seeking suburban living near Providence continues to drive prices upward, though the pace of sales has moderated slightly compared to previous periods.
No ARED county foreclosure postings attributed to North Providence yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 18.7% year over year.
Homes spend a median of 46 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 9.2% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A significant local park offering walking paths, open green space, and recreational areas that serve as a community hub.
North Providence is well-suited for family buyers and commuters seeking a suburban lifestyle with convenient access to the Providence employment hub. The town's mix of housing types also attracts long-term residents and investors looking for stable rental demand.
Public education is provided by the North Providence School District, which serves the town's K-12 population. Schools are generally characterized as meeting state standards, with ongoing efforts to modernize facilities and curriculum to support student achievement.
The town is served by a network of local roads and is well-connected to the regional highway system, facilitating commutes into Providence and other parts of Rhode Island. Public transit options are available via the regional bus network.
The town offers several local parks and green spaces, including Governor John A. Notte Jr. Park, which provides residents with walking trails and recreational facilities. Its proximity to Providence allows for easy access to the city's larger cultural, dining, and entertainment amenities.
The rental market in North Providence is characterized by steady demand, driven by its proximity to Providence and relative affordability. Vacancy rates remain low, and the market includes a mix of single-family rentals and multi-unit apartment buildings.
The local economy is integrated into the Providence metropolitan area, with a mix of retail, service, and small-scale industrial sectors. Residents benefit from the diverse employment opportunities available throughout the surrounding county.
North Providence functions primarily as a residential suburb with a mature infrastructure base. Economic momentum is tied to the broader Providence regional economy, with local development focused on infill projects and the maintenance of existing commercial corridors.
Development activity is primarily focused on residential infill and the revitalization of existing commercial properties along major thoroughfares.
Parcels in North Providence are subject to standard municipal property taxes and may fall within specific utility service districts for water and sewer management.
North Providence generally experiences crime rates consistent with its suburban-urban density in the Providence metro area. Local law enforcement maintains standard community policing, and residents typically view the town as a stable residential environment compared to the denser urban core of Providence.
The town faces standard New England climate risks, including winter storm impacts and potential localized flooding in low-lying areas near the Woonasquatucket River. Property insurance markets remain stable, though homeowners are encouraged to maintain appropriate coverage for wind and water damage.
Property insurance remains available and competitive, with premiums reflecting standard regional risks associated with New England weather patterns.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Rhode Island) — Local Property Tax Assessment: Property is assessed at full and fair cash value. The tax is calculated by multiplying the assessed value by the local tax rate (mill rate). Municipalities may apply homestead exemptions or tax classifications (residential vs. commercial) as authorized by state law.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau ACS 5-year profiles for North Providence town, RI.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.