Rhode Island housing market: home prices by city
Rhode Island home prices: in September 2026, the Zillow Home Value Index put the typical home in Rhode Island at $508,507, up +3.5% from a year earlier.
- Typical value of a home
- $508,507September 2026, Zillow ZHVI
- Change over 12 months
- +3.5%US +1.2%
- Change over 10 years
- +101.0%US +77.4%
- Multiple, 2000 onward
- ×3.82US ×2.99
- Prices relative to income
- 6.1. The median income is $83,504.
Among the 50 states and DC, rankings from highest are: typical home value, 11th; the 12-month change, 10th; growth since 2000, 6th of 47; and price to income, 6th.
Rhode Island home prices since 2000
Rhode Island's typical home was worth $133,100 in January 2000 and later reached $508,507. September 2026 was its highest month, at $508,507.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $138,210 | $153,098 | $178,215 | $214,491 | $253,498 | $289,151 | $303,383 | $290,809 | $270,310 | $238,260 |
| 2010s | $234,386 | $223,101 | $212,697 | $218,399 | $227,782 | $235,458 | $250,067 | $268,346 | $286,971 | $297,278 |
| 2020s | $316,794 | $367,968 | $412,426 | $434,215 | $468,169 | $489,228 |
Rhode Island home prices since 1975: the FHFA index
With 1975 = 100 as the base, FHFA's repeat-sales index gave Rhode Island a 1556 reading in 2025. In Q2 2026 it stood +5.0% higher than a year before.
Owners reported these values in the Census of Housing: Rhode Island, $3,848 (1940); $133,000 (2000).
| Census year | Rhode Island median value | US median value |
|---|---|---|
| 1940 | $3,848 | $2,938 |
| 1950 | $9,767 | $7,354 |
| 1960 | $12,300 | $11,900 |
| 1970 | $18,200 | $17,000 |
| 1980 | $46,800 | $47,200 |
| 1990 | $133,500 | $79,100 |
| 2000 | $133,000 | $119,600 |
These figures do not include inflation adjustments. Census of Housing tables
Home prices in Rhode Island by city
A single city has a page here, listed largest first:
| City | Typical value of a home | Change over 12 months | Multiple, 2000 onward |
|---|---|---|---|
| Providence | $431,740 | +2.3% | ×3.96 |
| Cranston | $454,927 | +1.8% | |
| Pawtucket | $399,302 | +1.8% | |
| Warwick | $420,635 | +4.3% | |
| East Providence | $444,813 | +2.1% | |
| Woonsocket | $387,483 | +0.2% | |
| Cumberland | $522,041 | +2.2% | |
| Coventry | $463,367 | +4.8% | |
| North Providence | $414,867 | +2.5% | |
| West Warwick | $407,510 | +5.8% | |
| Johnston | $453,319 | +2.2% | |
| South Kingstown | $719,711 | +6.6% | |
| North Kingstown | $675,436 | +6.8% | |
| Central Falls | $382,044 | +1.5% | |
| Westerly | $634,210 | +8.8% |
Zillow Home Value Index, September 2026.
Metro forecasts: where Rhode Island prices are heading
Starting September 2026 for the Providence, RI metro, Zillow forecasts a 12-month change of +2.6%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Providence, RI | +0.9% | +2.6% |
This is a Zillow estimate, not investment advice.
Living costs in Rhode Island
Rhode Island's overall price level is 102.3 (US 100). BEA figures show housing at 105.6, goods at 97.2, utilities at 146.7, and other services at 102.8. According to Census ACS 2024, median household income is $83,504 and median gross rent is $1,418 a month. 63% of homes are owner-occupied, and the median year built is 1964.
For every state, see cost of living data; for Providence, see the city page.
How to read this chart
The first chart shows dollars. Its high is $508,507 in September 2026. An index appears in the second chart, where Rhode Island's line finishes at 1556. Local prices are 15.6 times their 1975 level. No adjustment for inflation is made for either one.