Rhode Island
Local Housing Market · Zillow ZHVI · March 2026
$499,272
Typical Home Value
▲ 2.9% YoY ▲ 0.24% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Rhode Island Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$499,272
▲ 2.9% YoY
Month-over-Month
▲ 0.24% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is down 2.1% YoY and listing prices are flat 0.8% YoY with 6.0% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 26 days — a fast-moving market. Pending ratio is 1.03 — strong buyer demand, expect competitive purchase timelines.
• New listings are declining 4.1% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$581,975
▲ 0.8% YoY
Median Days on Market
26d
0d YoY
Active Listings
1,175
▼ 2.1% YoY
New Listings
1,078
▼ 4.1% YoY
Price Reduced Share
6.0%
of active listings
Pending Ratio
1.03
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) · April 2026
Providence-Warwick
▼ COOLING
National rank #14
Median Price
$577,475
Median DOM
26d
Demand score 90/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply