Real Estate
Providence, Rhode Island (RI)
Nicknamed the Beehive of Industry, Providence is the biggest city in the smallest state in the country. Providence is home to five institutions of higher education, including Brown University and Providence College.
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| Population 173,618 | Median Age 28.1 yrs | Household Size: 2.56 |
| Avg Home Value: $101,500 | July High: 82.6°F | January Low: 19.3°F |
Welcome to Rhode Island Real Estate
Rhode Island was the 13th of the 13 original colonies, and is also the smallest state in the nation in land area, measuring only 48 miles North to South, and 37 miles East to West. But despite its small size, Rhode Island has a lot to offer.
At just over 1 million residents, Rhode Island has a fairly dense population, but despite its urban setting the crime risk is low (87 compared to a national average of 100), and the violent crime risk is even lower (57). Along with enjoying a safe community, Rhode Island residents get to live in a state that is home to the nation's oldest carousel (the Flying Horse Carousel), and the world's largest bug, which is a 58 foot long blue termite that resides on the roof of the New England Pest Control in Providence.
The average selling price for a Rhode Island home is $250,000 (as of 2004).
Home Values in Rhode Island
Doing your research on home values in Rhode Island may be the factor that determines whether your home sells right away, or stays on the market for months. It’s important to charge the right price to begin with, based not only on the evaluation, but on the current market and the demand for homes in Rhode Island. Continue reading, and we’ll help you get through your home’s sale with the minimum in stress.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®