Investor-grade market analytics for Providence-Warwick, Rhode Island. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$501,113
+2.6% year-over-year
5.0%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Providence-Warwick, RI-MA shows steady growth at 2.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.85x, above the national average of 4.8x. Climate risk remains low (28/100), favorable for long-term investment stability. Rental yield of 4.98% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Providence-Warwick, RI-MA's primary climate exposure is flooding (48/100). The composite climate risk score of 28/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.