Reports  ›  Weekly · 2026-05-31

Rhode Island real estate — week of May 29, 2026

All 1 of Rhode Island's major metros showed positive year-over-year median sale-price reads this week.

Headline numbers

Providence

$575K +12.6%

This week's signals

Strength 4 / 5

$485K

Cranston avg sale price fell back under $500K — now $485K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

48 days

Cranston homes taking 48 days to sell — +54.8% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

37 days

East Providence homes taking 37 days to sell — +146.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Rhode Island.

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