Home appreciation in Providence, RI

Over the five years ending 2025, home prices in Providence, RI grew an average of 10.3% a year.

Price growth at a glance

1-year

+5.9%

2025 over 2024. Rhode Island: +6.3%.

5-year, per year

+10.3%

Average annual growth, 2020 to 2025. Rhode Island: +10.9%.

10-year, per year

+7.7%

+110.5% in total since 2015. Rhode Island: +8.1%.

How does your home compare?

Providence, RI home prices rose 110.5% over the ten years to 2025, while its ZIP codes ranged from +78.1% to +209.5%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Providence, RI compares with Rhode Island

Rhode Island averaged +10.9% a year, putting Providence, RI behind the state overall. For five-year price growth, Providence, RI ranks 90th out of 409 metros nationwide.

Index, 2005 = 100

Providence-Warwick, RI-MA and Rhode Island, quarterly house price index rebased to 100 in 2005.
YearProvidence-Warwick, RI-MARhode Island
2005 Q1100100
2005 Q2104104
2005 Q3106106
2005 Q4107108
2006 Q1108109
2006 Q2107109
2006 Q3107109
2006 Q4107109
2007 Q1107109
2007 Q2105107
2007 Q3103105
2007 Q4102104
2008 Q1101103
2008 Q29799
2008 Q39394
2008 Q49293
2009 Q19394
2009 Q28990
2009 Q38787
2009 Q48787
2010 Q18686
2010 Q28585
2010 Q38686
2010 Q48586
2011 Q18484
2011 Q28181
2011 Q38281
2011 Q48282
2012 Q18180
2012 Q28079
2012 Q38079
2012 Q48080
2013 Q18079
2013 Q28079
2013 Q38179
2013 Q48179
2014 Q18179
2014 Q28281
2014 Q38382
2014 Q48483
2015 Q18583
2015 Q28685
2015 Q38785
2015 Q48786
2016 Q18886
2016 Q28988
2016 Q39190
2016 Q49291
2017 Q19392
2017 Q29593
2017 Q39695
2017 Q49796
2018 Q19998
2018 Q210099
2018 Q3101101
2018 Q4102101
2019 Q1103102
2019 Q2105104
2019 Q3106105
2019 Q4107106
2020 Q1108107
2020 Q2109109
2020 Q3112111
2020 Q4115114
2021 Q1118117
2021 Q2125125
2021 Q3132132
2021 Q4136136
2022 Q1140140
2022 Q2149150
2022 Q3150151
2022 Q4148149
2023 Q1151152
2023 Q2157159
2023 Q3162163
2023 Q4162164
2024 Q1165167
2024 Q2171173
2024 Q3174177
2024 Q4175178
2025 Q1177181
2025 Q2181184
2025 Q3183186
2025 Q4184188
2026 Q1186189
2026 Q2190194

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +7.7% a year over ten years, +110.5% in total.

Over this history, home prices peaked in 2006, fell 25.2% to its 2012 low, and regained the 2006 level in 2020.

The strongest year was 2021 at +15.1%, and the weakest was 2008 at -7.8%.

In 2025 alone the index moved +5.9%, against +6.3% for the state.

ZIP codes in Providence, RI

Over the ten years to 2025, the 87 ZIP codes FHFA measures in this metro ranged from +78.1% in 02356 to +209.5% in 02907, while the metro as a whole rose 110.5%.

Fastest-rising ZIP codes

10-year change

  1. 02907+209.5%
  2. 02909+190.1%
  3. 02746+172.3%
  4. 02908+158.4%
  5. 02840+155.3%

Slowest-rising ZIP codes

10-year change

  1. 02356+78.1%
  2. 02769+80.0%
  3. 02760+81.2%
  4. 02048+81.3%
  5. 02766+82.7%
ZIP codes in Providence-Warwick, RI-MA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
02907+20.5%+12.7%+12.0%+209.5%
02909+4.5%+12.6%+11.2%+190.1%
02746+29.8%+14.1%+10.5%+172.3%
02908+4.1%+11.8%+10.0%+158.4%
02840+7.6%+12.9%+9.8%+155.3%
02895+8.0%+10.8%+9.4%+146.0%
02910+6.6%+11.5%+9.2%+141.4%
02861+4.8%+10.6%+9.2%+140.9%
02860+6.3%+11.7%+9.0%+137.1%
02905+6.0%+11.5%+9.0%+136.7%
02893+5.0%+10.6%+8.7%+130.4%
02915+5.1%+10.9%+8.7%+130.3%
02889+5.8%+10.9%+8.6%+128.3%
02919+10.8%+10.9%+8.6%+128.1%
02888+7.5%+11.3%+8.5%+127.0%
02914+6.3%+10.4%+8.5%+127.0%
029040.0%+10.0%+8.3%+122.5%
02911+7.9%+10.7%+8.3%+121.1%
02842+4.4%+11.0%+8.2%+120.9%
02920+5.2%+10.7%+8.2%+119.8%
02835+7.0%+11.8%+8.2%+119.1%
02740+2.8%+10.2%+8.1%+118.7%
02882+4.9%+11.0%+8.1%+117.3%
02813+9.7%+11.3%+8.0%+115.4%
02719+6.9%+10.0%+7.9%+114.0%
02827+11.2%+10.7%+7.9%+113.7%
02852+8.2%+11.5%+7.9%+113.3%
02744-0.3%+9.9%+7.8%+112.7%
02814+8.8%+10.3%+7.8%+111.1%
02885+3.4%+10.4%+7.7%+110.9%
02718+4.9%+10.1%+7.7%+110.8%
02906-0.9%+10.5%+7.7%+110.2%
02878+6.3%+10.6%+7.7%+109.5%
02726+6.3%+9.9%+7.7%+109.1%
02857+5.9%+10.4%+7.6%+109.0%
02886+1.7%+10.2%+7.6%+108.8%
02879+3.1%+10.3%+7.6%+108.6%
02871+9.5%+11.1%+7.6%+108.4%
02745+2.6%+9.1%+7.6%+108.2%
02916+5.7%+10.7%+7.6%+108.1%
02817+1.9%+11.1%+7.5%+107.0%
02822+6.6%+10.5%+7.5%+105.9%
02812+5.9%+11.0%+7.5%+105.7%
02891+6.2%+10.9%+7.4%+104.8%
02720+8.8%+9.9%+7.4%+104.4%
02809+2.3%+10.4%+7.4%+104.3%
02723+5.1%+9.0%+7.4%+103.8%
02892+5.0%+10.3%+7.4%+103.7%
02816+4.8%+9.6%+7.3%+101.8%
02806+7.3%+10.9%+7.3%+101.7%
02780+5.8%+8.9%+7.2%+100.9%
02724+1.7%+9.4%+7.2%+100.8%
02818+3.8%+10.7%+7.2%+100.7%
02748+9.9%+9.5%+7.2%+99.6%
02917+3.5%+10.0%+7.1%+99.1%
02830+2.4%+8.8%+7.1%+98.9%
02874+9.0%+10.1%+7.1%+98.2%
02721-2.0%+8.8%+7.1%+97.7%
02764+5.8%+9.4%+7.1%+97.7%
02779+7.5%+9.3%+7.0%+97.0%
02832+5.7%+8.8%+7.0%+96.9%
02921+2.7%+9.8%+7.0%+96.8%
02715+12.6%+9.3%+7.0%+96.5%
02859+8.0%+8.0%+7.0%+95.9%
02865+4.3%+9.7%+6.9%+95.4%
02717+7.7%+9.7%+6.9%+95.3%
02825-0.2%+9.5%+6.9%+95.0%
02804+9.1%+7.6%+6.9%+94.9%
02864+3.4%+9.4%+6.9%+94.9%
02743+3.3%+8.7%+6.9%+94.7%
02747+3.6%+9.0%+6.9%+94.4%
02839+0.5%+8.3%+6.8%+93.3%
02831-0.5%+9.4%+6.8%+92.3%
02896+5.0%+9.2%+6.8%+92.3%
02777+3.5%+9.1%+6.7%+91.2%
02703+4.2%+8.6%+6.7%+90.5%
02702+5.5%+8.1%+6.6%+90.2%
02771+4.3%+8.7%+6.6%+90.1%
02790+9.8%+9.4%+6.5%+88.0%
02828+3.3%+9.0%+6.4%+86.4%
02767+2.7%+8.2%+6.4%+85.6%
02375+3.8%+8.5%+6.2%+82.9%
02766+3.0%+8.3%+6.2%+82.7%
02048+0.5%+8.4%+6.1%+81.3%
02760+4.1%+8.8%+6.1%+81.2%
02769+0.4%+7.0%+6.1%+80.0%
02356+2.0%+7.8%+5.9%+78.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Providence-Warwick, RI-MA and Rhode Island, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006103.2+3.2%104.0
2007100.1-3.0%101.3
200892.2-7.8%93.1
200985.3-7.5%85.6
201082.0-3.8%81.9
201178.8-4.0%78.2
201277.1-2.1%76.0
201377.20.0%75.7
201479.3+2.8%77.6
201582.7+4.3%81.2
201686.5+4.6%84.9
201791.3+5.5%89.9
201896.5+5.7%95.4
2019100.8+4.5%99.7
2020106.5+5.6%105.4
2021122.5+15.1%121.9
2022140.9+15.0%141.0
2023151.5+7.5%152.6
2024164.4+8.5%166.2
2025174.1+5.9%176.6

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. The metro spans RI, MA; the comparison uses Rhode Island, the state of its principal city. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Rhode Island row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2