Rhode Island
Local Housing Market · Zillow ZHVI · September 2026
$508,507
Typical Home Value
▲ 3.5% YoY ▲ 0.38% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Rhode Island Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$508,507
▲ 3.5% YoY
Month-over-Month
▲ 0.38% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 16.9% YoY and listing prices are softening 2.5% YoY with 12.0% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 38 days — a moderate-paced market. Pending ratio is 0.71 — strong buyer demand, expect competitive purchase timelines.
• New listings are roughly flat 0.2% YoY. Seller activity is stable.
Median Listing Price
$569,900
▼ 2.5% YoY
Median Days on Market
38d
0d YoY
Active Listings
1,957
▲ 16.9% YoY
New Listings
1,080
▲ 0.2% YoY
Price Reduced Share
12.0%
of active listings
Pending Ratio
0.71
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) · September 2026
Providence-Warwick
▼ COOLING
National rank #29
Median Price
$589,000
Median DOM
39d
Demand score 90/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply