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Request a home value reviewPROVIDENCE, RI · SEPTEMBER 2026
The September report records 108 sales across single-family homes, condominiums, and 2–4-unit multifamily properties in the city of Providence. Here is how those sales break down—and how to use the numbers when planning your move.
By Bryan Quinlan and Rebecca Manchester · The Quinlan Group at Real Broker
Published October 4, 2026 · Sales period: September 1–30, 2026
THE SALES SNAPSHOT
These figures cover the city of Providence, not all of Providence County. Average sale price is the arithmetic mean reported in the source; it is not the median or a valuation of an individual property.
| Property type | Sales | Average sale price | Sales with 0–30 days on market |
|---|---|---|---|
| Single-family homes | 45 | $510,751 | 22 of 45 (48.9%) |
| Condominiums | 18 | $521,833 | 9 of 18 (50.0%) |
| 2–4-unit multifamily properties | 45 | $692,309 | 32 of 45 (71.1%) |
The final column describes reported time on market for properties that sold. It does not measure the time from an accepted offer to closing, and it excludes properties that did not sell during the period.
SEPTEMBER 2025 VS. SEPTEMBER 2026
The comparison below uses city of Providence single-family sales for September 1–30 in each year. The 2025 source covers single-family homes only; condominium and multifamily figures above remain a 2026 snapshot.
| Measure | September 2025 | September 2026 | Change |
|---|---|---|---|
| Recorded sales | 41 | 45 | +4 (+9.8%) |
| Average sale price | $785,698 | $510,751 | −$274,947 (−35.0%) |
| Sales with 0–30 days on market | 25 of 41 (61.0%) | 22 of 45 (48.9%) | −12.1 percentage points |
| Sales in price bands of $1 million or more | 7 | 2 | −5 |
The lower average does not establish a 35% decline in individual home values. These are different groups of homes, not repeat sales of the same properties. The source shows seven sales in the $1-million-and-above bands in September 2025 and two in September 2026; four-or-more-bedroom sales also fell from 20 to 12. That different mix helps explain why a monthly average needs context, but this report cannot isolate its effect from other price changes.
Sales count increased, while a smaller share of the homes that sold recorded 0–30 days on market. These figures describe the closed-sale samples; they do not show the full experience of unsold listings or establish a citywide average marketing time.
For your property, compare relevant homes with similar location, size, condition, and features. Request a property-specific review before using a citywide average to set your price.
SINGLE-FAMILY HOMES
The report records 45 single-family sales at an average price of $510,751. Of those sales, 22 had 0–30 days on market, and another 19 had 31–60 days. Together, 41 of the 45 sales recorded no more than 60 days on market.
Twenty-five sales fell in the $350,000–$499,999 price bands. That concentration is useful context, but homes in different neighborhoods, sizes, and conditions are not interchangeable.
Our approach is to compare the particular home with relevant recent sales and current alternatives. Start with our East Side, West End, and Elmhurst guides to organize your search, then narrow the comparison to the property itself.
CONDOMINIUMS
Providence recorded 18 condominium sales at an average price of $521,833. Nine recorded 0–30 days on market, seven recorded 31–60 days, and two recorded 61–90 days.
With 18 sales, a change in the mix of units sold can affect the monthly average. The fact that this average exceeds the single-family average does not establish that comparable condos are worth more than comparable houses.
For your decision, compare the unit, building, parking, recurring fees, and available association information alongside relevant sales. Our Providence buyer guide explains how we help clients evaluate the property and prepare an offer.
2–4-UNIT MULTIFAMILY
The report records 45 multifamily sales at an average price of $692,309. Thirty-two recorded 0–30 days on market. Twenty-five sales fell in the $600,000–$799,999 price bands.
A larger share of the multifamily sales recorded 0–30 days on market than the other two property types in this report. That is a description of September’s closed-sale sample, not a prediction for every building.
For a particular multifamily property, we consider unit condition, occupancy, documented rents and expenses, utilities, parking, and planned work. Explore our Providence multifamily selling guide or the multifamily section of our buyer guide.
FOR SELLERS
Use these numbers as background for a property-specific review. Condition, improvements, layout, parking, and competing listings shape the pricing discussion.
Request a home value reviewFOR BUYERS
Set priorities and review financing before touring. Compare each home on its own merits and discuss the terms of an offer before committing.
Explore homes on RealScoutSOURCE AND SCOPE
Sources: two MLS Real Estate Trend Indicator reports prepared by Bryan Quinlan on October 4, 2026. Filters: Rhode Island; Providence County; city of Providence; single-family, condominium, and 2–4-unit multifamily properties. The 2026 report covers September 1–30, 2026 across all three property types. The 2025 report uses the same city and September 1–30, 2025 date window for single-family homes only. Figures are reproduced from the supplied reports; year-over-year percentage changes use (2026 value ÷ 2025 value − 1) × 100, and shares use sales counts. Percentages are rounded to one decimal place. Days-on-market share changes are expressed in percentage points. The source states that information is from reliable sources but is not guaranteed.
This snapshot describes recorded September sales. The sources do not provide median sale prices or exact average days on market. The year-over-year comparison is limited to single-family sales; no 2025 condominium or multifamily data is included. Average-price changes are not a measure of appreciation or depreciation for the same homes. Active and pending counts are omitted because their snapshot date is not established in the report.
Return to the Providence real estate hub or ask about a specific property.
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