The Lower South Providence housing market is very competitive. The median sale price of a home in Lower South Providence was $490K last month, up 24.1% since last year. The median sale price per square foot in Lower South Providence is $223, up 35.2% since last year.
What is the housing market like in Lower South Providence today?
In December 2024, Lower South Providence home prices were up 24.1% compared to last year, selling for a median price of $490K. On average, homes in Lower South Providence sell after 34 days on the market compared to 19 days last year. There were 9 homes sold in December this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$490,127
+24.1% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Lower South Providence, RI
$490,127
+24.1%
United States
To compare other locations to the Lower South Providence and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Providence add value to a home.
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How hot is the Lower South Providence housing market?
Lower South Providence is very competitive. Homes sell in 29 days.
0
100
80
Very 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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 29 days.
Hot homes
can sell for about 6% above list price and go pending in around 7 days.
Learn about schools in the Lower South Providence area
Elementary
Middle
High
GreatSchools Rating
5/10
Robert L Bailey Iv, Elementary School
Public • K-5
390
Students
1 reviews
3/10
Charlotte Woods Elementary School
Public • K-5
540
Students
1 reviews
3/10
Lillian Feinstein El. School
Public • K-5
410
Students
2 reviews
1/10
Mary E. Fogarty El. School
Public • K-5
401
Students
4 reviews
NR
Sergeant Cornel Young, Junior Elementary School
Public • PreK-5
286
Students
N/A
Only showing 5 of
6 elementary schools.
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 Lower South Providence housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower South Providence.
Flood Factor - Minor
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower South Providence has a minor risk of flooding. 199 properties in Lower South Providence are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Lower South Providence. Flood risk is increasing slower than the national average.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lower South Providence has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower South Providence is most at risk from hurricanes. 1,672 properties in Lower South Providence have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lower South Providence has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lower South Providence have a Major Heat Factor®.
Lower South Providence is expected to see a 114% increase in the number of days over 97ºF over the next 30 years. Lower South Providence is expected to experience 7