Discover North Providence’s Real Estate Dynamics
What’s Happening with Home Values?
A Look at the Numbers
Considering a move to or from North Providence? Let’s talk about what’s happening with home values. As of late March 2025, the median estimated home value is $410,000. This figure tells us a story of gradual growth: we’ve seen a 0.88% uptick in the last month, about 1.96% over the last quarter, and a 6.93% rise over the past year. Zooming out, the past two years show an impressive 16.18% increase! These trends are key for both buyers and sellers to understand.
Sales and Listings: Key Market Indicators
Understanding Prices
Beyond just home values, sales and listing prices give us a clearer picture of the market’s activity. The median sales price in North Providence is approximately $353,000. This is where it gets interesting – that’s a 9.44% jump in the last month and a 13.17% rise over the last three months, indicating a hot market. The 12-month and 24-month changes are more moderate, at 3.85% and 12.11% respectively. Meanwhile, the median list price is $425,000, showing a slight 0.62% increase in the last month, a 6.26% increase over the last quarter, and a significant 25% increase over the past year. For more detailed information, especially if you’re navigating buying or selling, exploring current listings and past sales can be incredibly helpful.
North Providence Living: Community and Housing
Who Lives Here and What Are Homes Like?
Inside North Providence
North Providence offers a blend of residential stability and community growth. The median estimated home value here is $410K, which you can compare with surrounding areas: $437K in Providence County, $480K in Rhode Island, and $370K across the USA. Home values in North Providence have increased by 6.9% over the past year. The median list price is $425K, with a notable 25% change over 12 months. The median age of homes is 56 years, with 63% of residents owning their homes and 37% renting. For insights into community and housing, you might find resources at Karl.martonegroup.com.
Sales Dynamics and Community Composition
The Fabric of North Providence
Diving into sales, we see varied activity across price ranges. In the last three months, 13 homes sold above $450K, and another 13 were in the $350K to $400K bracket. The price per square foot for comparable sales is largely in the $200 to $250 range. North Providence has a population of 33.9K, with a density of 6.02K people per square mile. The median age is 41, and the male/female ratio is 46%/54%. For a deeper dive into these local trends, visit Karl.martonegroup.com.