The Providence housing market is somewhat competitive. Homes in Providence receive 2 offers on average and sell in around 52 days. The median sale price of a home in Providence was $335K last month, up 11.7% since last year. The median sale price per square foot in Providence is $161, up 9.5% since last year.
What is the housing market like in Providence today?
In March 2024, Providence home prices were up 11.7% compared to last year, selling for a median price of $335K. On average, homes in Providence sell after 52 days on the market compared to 32 days last year. There were 5 homes sold in March this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$335,000
+11.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Providence, IL
$335,000
+11.7%
United States
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How hot is the Providence housing market?
Providence is somewhat competitive. Homes sell in 57 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 57 days.
Hot homes
can sell for about 3% above list price and go pending in around 45 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Providence housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Providence.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Providence has a minor risk of flooding. 60 properties in Providence are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Providence. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Providence has a minor risk of wildfire. There are 178 properties in Providence that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Providence.