Rhode Island
Local Housing Market · Zillow ZHVI · July 2026
$515,289
Typical Home Value
▲ 3.2% YoY ▲ 0.33% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Rhode Island Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$515,289
▲ 3.2% YoY
Month-over-Month
▲ 0.33% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Rhode Island
Market Indicators
REALTOR.COM🏦 LO Market Signal · July 2026
• Inventory is up 5.7% YoY and listing prices are rising 1.7% YoY with 9.8% of listings carrying a price cut. Rising prices support valuations, but verify comps carefully in fast-moving segments.
• Homes are selling in a median 36 days — a moderate-paced market. Pending ratio is 0.88 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 6.6% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$609,900
▲ 1.7% YoY
Median Days on Market
36d
0d YoY
Active Listings
1,707
▲ 5.7% YoY
New Listings
1,094
▲ 6.6% YoY
Price Reduced Share
9.8%
of active listings
Pending Ratio
0.88
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Rhode Island
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · July 2026
Providence-Warwick
▼ COOLING
National rank #22
Median Price
$599,749
Median DOM
38d
Demand score 91/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply