Providence, RI
Real Estate Investment Market Analysis
Market Overview
Median Home Price
$502,801
+2.5% YoY
Median Rent
$2,141/mo
+5.1% YoY
Avg Cap Rate
3.3%
Investment yield
Days on Market
33
Avg listing time
Market Conditions
Supply & Demand
Inventory LevelBalanced
Market Heat
60/100
Price-to-Rent Ratio19.6
Economic Indicators
Population47,012
Population Growth+0.8%
Unemployment Rate4.6%
Investment Opportunity Assessment
+Strengths
- •Positive price appreciation (+2.5% YoY)
- •Growing population base
- •Rising rental rates
!Considerations
→Next Steps
- •Get a free snapshot of available properties
- •Compare neighborhoods within the metro
- •Analyze specific properties with full reports
Find Investment Properties in Providence
Get a free snapshot of investment properties matching your criteria, complete with cap rates, cash-on-cash returns, and risk assessments.
Get Your Free Providence Snapshot