Rhode Island might be tiny, but when it comes to home prices, some of its towns still pack a big surprise. According to the Zillow Home Value Index, these 18 communities have some of the lowest housing costs in the state as of 2025. Whether you’re looking for extra space, a slower pace, or just a break from sky-high mortgage payments, these towns offer a glimpse of what’s still affordable in New England’s tight market.
We looked at home price trends going back 15 years to see how each place has changed. Some towns have stayed steady while others are just beginning to climb, offering both value and growth potential. From post-industrial towns reinventing themselves to tucked-away suburbs with local charm, these communities prove that affordable living is still possible in the Ocean State.
18. North Smithfield – 91% Home Price Increase Since 2012
- 2010: $265,394
- 2011: $264,858 (-$537, -0.20% from previous year)
- 2012: $251,668 (-$13,190, -4.98% from previous year)
- 2013: $249,713 (-$1,954, -0.78% from previous year)
- 2014: $262,832 (+$13,119, +5.25% from previous year)
- 2015: $269,181 (+$6,349, +2.42% from previous year)
- 2016: $281,284 (+$12,103, +4.50% from previous year)
- 2017: $298,119 (+$16,835, +5.99% from previous year)
- 2018: $317,230 (+$19,111, +6.41% from previous year)
- 2019: $324,534 (+$7,303, +2.30% from previous year)
- 2021: $395,813
- 2022: $438,004 (+$42,191, +10.66% from previous year)
- 2023: $452,951 (+$14,947, +3.41% from previous year)
- 2024: $486,902 (+$33,951, +7.50% from previous year)
- 2025: $506,672 (+$19,771, +4.06% from previous year)
Home prices in North Smithfield have more than doubled since 2012, showing a long, stable climb despite a rocky start in the early 2010s. While growth was modest at first, values accelerated sharply from 2016 onward, topping half a million dollars in 2025. The town’s steady appreciation makes it a strong long-term investment option, though rising prices push it to the edge of affordability.
North Smithfield – Steady Price Growth in a Suburban Setting
Located in the northwestern corner of Rhode Island, North Smithfield borders Massachusetts and blends small-town charm with easy access to Worcester and Providence. It’s home to a mix of historic mill buildings and new subdivisions, offering diverse housing options. Public schools score above average on metrics like graduation rates and student performance, contributing to consistent housing demand.
With open space, town parks, and proximity to Route 146, North Smithfield appeals to commuters and families alike. Its housing market has shown notable resilience, benefiting from broader regional growth without overreaching into volatility. Its current median home value of just over $506,000 reflects sustained confidence in the area’s appeal.
17. Glocester – 90% Home Price Increase Since 2012
- 2010: $207,910
- 2011: $211,761 (+$3,851, +1.85% from previous year)
- 2012: $195,048 (-$16,713, -7.89% from previous year)
- 2013: $201,828 (+$6,780, +3.48% from previous year)
- 2014: $220,547 (+$18,719, +9.27% from previous year)
- 2015: $236,046 (+$15,499, +7.03% from previous year)
- 2016: $250,956 (+$14,910, +6.32% from previous year)
- 2017: $268,509 (+$17,552, +6.99% from previous year)
- 2018: $293,307 (+$24,798, +9.24% from previous year)
- 2019: $300,673 (+$7,367, +2.51% from previous year)
- 2021: $371,594
- 2022: $413,838 (+$42,244, +11.37% from previous year)
- 2023: $426,001 (+$12,162, +2.94% from previous year)
- 2024: $474,142 (+$48,141, +11.30% from previous year)
- 2025: $494,274 (+$20,132, +4.25% from previous year)
Glocester saw an almost 90% increase in home values since 2012. Following a significant dip in 2012, prices have climbed steadily, with double-digit gains in recent years. The 2025 median value of around $494,000 keeps it relatively affordable compared to urban centers, even as demand strengthens.
Glocester – Country Living with Modern Upside
Magicpiano, CC BY-SA 3.0 , via Wikimedia Commons
Glocester lies in Rhode Island’s rural northwest, known for its lakes, farms, and tight-knit community feel. The town’s appeal is in its simplicity—residents enjoy wide open space, historic charm, and an active calendar of local fairs and festivals. It’s a quieter, slower-paced part of the state that’s attracted buyers seeking affordability without giving up New England charm.
The area’s housing stock ranges from antique colonial homes to newer developments on large plots. Easy access to nature makes Glocester attractive to outdoor lovers, and as the market continues to shift toward space and privacy, this town has seen the benefits. Its upward pricing trend reflects new demand for homes away from congested urban cores.
16. Smithfield – 121% Home Price Increase Since 2012
- 2010: $255,133
- 2011: $236,359 (-$18,774, -7.36% from previous year)
- 2012: $223,018 (-$13,341, -5.64% from previous year)
- 2013: $228,294 (+$5,276, +2.37% from previous year)
- 2014: $238,100 (+$9,806, +4.30% from previous year)
- 2015: $247,193 (+$9,093, +3.82% from previous year)
- 2016: $257,439 (+$10,246, +4.14% from previous year)
- 2017: $280,801 (+$23,362, +9.07% from previous year)
- 2018: $296,999 (+$16,198, +5.77% from previous year)
- 2019: $305,680 (+$8,681, +2.92% from previous year)
- 2021: $366,306
- 2022: $411,160 (+$44,854, +12.24% from previous year)
- 2023: $428,188 (+$17,028, +4.14% from previous year)
- 2024: $467,746 (+$39,558, +9.24% from previous year)
- 2025: $492,185 (+$24,439, +5.22% from previous year)
Smithfield’s home values have risen more than 120% since 2012, hitting $492,185 in 2025. Despite an early dip during the recovery years, growth has been strong and reliable since 2016. This trajectory places Smithfield in the middle of the affordability pack, with consistent year-over-year appreciation.
Smithfield – Accessible, Developed, and Climbing
Located just northwest of Providence, Smithfield is a well-developed suburb with shopping centers, dining options, and strong schools. Home to Bryant University, the town has a college-town feel without being overrun by students. It’s become increasingly attractive to both families and professionals looking for quick city access.
Smithfield’s price jump reflects broader suburban demand, with buyers seeking more space and amenities outside urban cores. While prices are higher than some other towns on this list, the area’s job access, infrastructure, and reliable market growth make it an appealing value for the money.
15. Hopkinton – 115% Home Price Increase Since 2012
- 2010: $235,773
- 2011: $228,669 (-$7,104, -3.01% from previous year)
- 2012: $208,270 (-$20,399, -8.92% from previous year)
- 2013: $214,231 (+$5,961, +2.86% from previous year)
- 2014: $229,229 (+$14,999, +7.00% from previous year)
- 2015: $234,263 (+$5,033, +2.20% from previous year)
- 2016: $244,809 (+$10,546, +4.50% from previous year)
- 2017: $260,411 (+$15,602, +6.37% from previous year)
- 2018: $280,568 (+$20,157, +7.74% from previous year)
- 2019: $290,984 (+$10,416, +3.71% from previous year)
- 2021: $360,160
- 2022: $413,728 (+$53,568, +14.87% from previous year)
- 2023: $418,046 (+$4,318, +1.04% from previous year)
- 2024: $451,583 (+$33,537, +8.02% from previous year)
- 2025: $481,718 (+$30,136, +6.67% from previous year)
Hopkinton’s home values grew from just over $208,000 in 2012 to nearly $482,000 by 2025—a 115% increase. While the pace has varied year to year, the trendline is unmistakably upward, especially during and after the 2021 market surge.
Hopkinton – Tranquil and Gaining Momentum
In the southwestern corner of Rhode Island, Hopkinton offers a scenic escape with strong access to Connecticut and I-95. The town’s rural roads, wooded parcels, and small villages like Ashaway make it feel worlds away from the city bustle, yet it’s a quick drive to the coast or the casino hubs in nearby towns.
This peaceful setting has grown increasingly popular among remote workers and retirees. With limited housing inventory and rising demand, Hopkinton has seen sharp price jumps—especially in the last five years. Buyers value its balance of quiet living and strategic location.
14. Burrillville – 134% Home Price Increase Since 2012
- 2010: $230,676
- 2011: $207,316 (-$23,360, -10.13% from previous year)
- 2012: $190,870 (-$16,446, -7.93% from previous year)
- 2013: $191,636 (+$766, +0.40% from previous year)
- 2014: $204,608 (+$12,971, +6.77% from previous year)
- 2015: $214,944 (+$10,336, +5.05% from previous year)
- 2016: $229,245 (+$14,301, +6.65% from previous year)
- 2017: $252,314 (+$23,070, +10.06% from previous year)
- 2018: $269,781 (+$17,467, +6.92% from previous year)
- 2019: $278,341 (+$8,560, +3.17% from previous year)
- 2021: $343,673
- 2022: $383,827 (+$40,153, +11.68% from previous year)
- 2023: $395,542 (+$11,715, +3.05% from previous year)
- 2024: $427,987 (+$32,445, +8.20% from previous year)
- 2025: $446,405 (+$18,418, +4.30% from previous year)
Since 2012, home prices in Burrillville have jumped over 130%, from under $191,000 to nearly $450,000 by 2025. After hitting a low in 2012, the market rebounded quickly, with double-digit gains in both the mid-2010s and the 2021-2022 period. The price curve suggests steady upward momentum with no major volatility.
Burrillville – Natural Beauty and Rising Appeal
Located in Rhode Island’s northwestern corridor, Burrillville features lakes, forested hills, and a more rural character than most other towns on this list. Originally a mill town, it has preserved much of its small-town charm while drawing newcomers seeking quiet surroundings and open space. It’s become an attractive option for buyers priced out of Providence suburbs.
With its growing popularity, Burrillville’s market has heated up in recent years, especially among families and retirees. Local schools perform well, and access to amenities like Wallum Lake and the Buck Hill Management Area continues to attract residents looking for a slower pace without giving up quality of life.
13. Johnston – 158% Home Price Increase Since 2012
- 2010: $209,927
- 2011: $186,795 (-$23,132, -11.02% from previous year)
- 2012: $170,807 (-$15,988, -8.56% from previous year)
- 2013: $175,846 (+$5,038, +2.95% from previous year)
- 2014: $186,237 (+$10,391, +5.91% from previous year)
- 2015: $191,527 (+$5,290, +2.84% from previous year)
- 2016: $205,858 (+$14,332, +7.48% from previous year)
- 2017: $226,066 (+$20,208, +9.82% from previous year)
- 2018: $244,908 (+$18,842, +8.33% from previous year)
- 2019: $259,105 (+$14,197, +5.80% from previous year)
- 2021: $320,035
- 2022: $364,698 (+$44,663, +13.96% from previous year)
- 2023: $377,799 (+$13,101, +3.59% from previous year)
- 2024: $409,329 (+$31,530, +8.35% from previous year)
- 2025: $441,565 (+$32,235, +7.88% from previous year)
Johnston’s home prices have soared since 2012, rising from under $171,000 to over $441,000 in 2025—a gain of more than 158%. The climb has been particularly strong since 2016, with notable surges in 2021 and 2022. These price increases reflect the town’s growing popularity and investment appeal.
Johnston – Affordable Urban Access
Just west of Providence, Johnston combines city convenience with suburban comforts. It’s an increasingly popular spot for first-time homebuyers and downsizers seeking lower costs without leaving the metro area. The town features a variety of housing types and a growing retail corridor, anchored by big-box stores and restaurants.
Johnston’s proximity to Route 6 and I-295 keeps commute times short, adding to its appeal. New development and infrastructure investments have sparked stronger growth, and with housing prices still under the state’s average, it remains a solid value in a hot market.
12. Coventry – 124% Home Price Increase Since 2012
- 2010: $216,909
- 2011: $207,452 (-$9,457, -4.36% from previous year)
- 2012: $196,193 (-$11,258, -5.43% from previous year)
- 2013: $192,503 (-$3,690, -1.88% from previous year)
- 2014: $203,456 (+$10,953, +5.69% from previous year)
- 2015: $210,491 (+$7,035, +3.46% from previous year)
- 2016: $221,439 (+$10,948, +5.20% from previous year)
- 2017: $237,669 (+$16,230, +7.33% from previous year)
- 2018: $257,012 (+$19,344, +8.14% from previous year)
- 2019: $267,613 (+$10,600, +4.12% from previous year)
- 2021: $325,121
- 2022: $368,431 (+$43,310, +13.32% from previous year)
- 2023: $385,910 (+$17,479, +4.74% from previous year)
- 2024: $419,295 (+$33,385, +8.65% from previous year)
- 2025: $438,608 (+$19,313, +4.61% from previous year)
Coventry has experienced a 124% increase in home values since 2012, with prices nearly doubling since 2015 alone. It’s one of the largest towns in Rhode Island by land area, and that scale has helped absorb population shifts without pushing prices out of reach—yet values continue to rise.
Coventry – Space to Grow in Central Rhode Island
Located in Kent County, Coventry offers a mix of suburban neighborhoods and rural areas, with housing spread out across its many villages. It’s one of the few towns in the state where you can still find homes on large lots at prices below the statewide median.
Access to routes 117 and 3, good public schools, and strong recreational offerings like the Washington Secondary Bike Path contribute to Coventry’s growing appeal. Buyers have been steadily moving here from pricier areas, especially since 2020, driving consistent price growth across property types.
11. Cranston – 141% Home Price Increase Since 2012
- 2010: $203,348
- 2011: $196,749 (-$6,600, -3.25% from previous year)
- 2012: $179,241 (-$17,507, -8.90% from previous year)
- 2013: $178,442 (-$800, -0.45% from previous year)
- 2014: $188,304 (+$9,863, +5.53% from previous year)
- 2015: $195,813 (+$7,509, +3.99% from previous year)
- 2016: $211,185 (+$15,371, +7.85% from previous year)
- 2017: $226,344 (+$15,159, +7.18% from previous year)
- 2018: $247,297 (+$20,954, +9.26% from previous year)
- 2019: $263,632 (+$16,335, +6.61% from previous year)
- 2021: $317,210
- 2022: $359,442 (+$42,232, +13.31% from previous year)
- 2023: $374,878 (+$15,436, +4.29% from previous year)
- 2024: $404,650 (+$29,772, +7.94% from previous year)
- 2025: $432,721 (+$28,071, +6.94% from previous year)
Home values in Cranston rose more than 140% from their low in 2012, driven by a strong local economy and steady demand. The city now boasts a median home price of over $430,000 in 2025, a significant leap from just $179,000 thirteen years prior.
Cranston – A Growing City with Broad Appeal
As one of Rhode Island’s largest cities, Cranston offers something for nearly every buyer: from the walkable charm of Pawtuxet Village to newer developments in Western Cranston. It’s a key destination for those who want quick access to Providence without paying capital city prices.
Excellent public services, reputable schools, and an active local economy help keep demand high. Recent investments in infrastructure and retail development have further raised its profile. With affordable pockets still available, it remains a versatile and dynamic housing market.
10. East Providence – 141% Home Price Increase Since 2012
- 2010: $213,329
- 2011: $194,886 (-$18,443, -8.65% from previous year)
- 2012: $178,710 (-$16,175, -8.30% from previous year)
- 2013: $176,866 (-$1,845, -1.03% from previous year)
- 2014: $183,149 (+$6,283, +3.55% from previous year)
- 2015: $190,371 (+$7,222, +3.94% from previous year)
- 2016: $205,319 (+$14,948, +7.85% from previous year)
- 2017: $221,737 (+$16,418, +8.00% from previous year)
- 2018: $241,380 (+$19,642, +8.86% from previous year)
- 2019: $252,399 (+$11,019, +4.57% from previous year)
- 2021: $315,251
- 2022: $353,892 (+$38,641, +12.26% from previous year)
- 2023: $370,384 (+$16,491, +4.66% from previous year)
- 2024: $414,426 (+$44,042, +11.89% from previous year)
- 2025: $431,953 (+$17,527, +4.23% from previous year)
East Providence saw home prices climb 141% since 2012, rising from $178,710 to over $431,000 in 2025. Its growth accelerated during the 2020s, driven by interest from buyers seeking affordable urban alternatives with access to transit and city amenities. Gains remained strong even through cooling market years.
East Providence – A Riverfront City on the Rise
Located just across the Seekonk River from Providence, East Providence blends city living with a small-town feel. Neighborhoods like Rumford and Riverside have seen reinvestment and rising appeal thanks to their walkability and proximity to downtown Providence. The East Bay Bike Path and improved waterfront access make the area especially attractive.
Affordable prices, quick commuter routes, and revitalized retail corridors have helped fuel strong demand. With continued development near the waterfront and solid public services, East Providence is increasingly viewed as a more accessible alternative to Providence without giving up location advantages.
9. Manville – 155% Home Price Increase Since 2012
- 2010: $187,530
- 2011: $178,155 (-$9,375, -5.00% from previous year)
- 2012: $167,681 (-$10,473, -5.88% from previous year)
- 2013: $162,953 (-$4,728, -2.82% from previous year)
- 2014: $186,233 (+$23,280, +14.29% from previous year)
- 2015: $191,054 (+$4,820, +2.59% from previous year)
- 2016: $200,550 (+$9,496, +4.97% from previous year)
- 2017: $219,790 (+$19,240, +9.59% from previous year)
- 2018: $240,235 (+$20,445, +9.30% from previous year)
- 2019: $252,330 (+$12,095, +5.03% from previous year)
- 2021: $318,603
- 2022: $352,471 (+$33,868, +10.63% from previous year)
- 2023: $365,090 (+$12,619, +3.58% from previous year)
- 2024: $403,980 (+$38,890, +10.65% from previous year)
- 2025: $428,589 (+$24,609, +6.09% from previous year)
Manville’s home prices jumped from just under $168,000 in 2012 to more than $428,000 in 2025—a 155% increase. After some initial declines, the market caught fire from 2014 onward, particularly during the post-2020 demand surge. Prices have held firm even as markets have softened elsewhere.
Manville – Quiet Village with Quick Access
Marcbela, CC0, via Wikimedia Commons
Part of the town of Lincoln, Manville is a compact village along the Blackstone River that blends affordability with excellent access to Providence and Woonsocket. Its industrial heritage is visible in historic mills and dense housing layouts, but the area has drawn increasing attention for its value and location.
Buyers are drawn to Manville’s small-town vibe, proximity to job centers, and access to the Blackstone River Greenway. As surrounding communities grow more expensive, Manville offers a rare mix of accessibility and affordability—factors that have helped fuel its double-digit growth over the past decade.
8. Providence – 187% Home Price Increase Since 2012
- 2010: $175,907
- 2011: $162,737 (-$13,169, -7.49% from previous year)
- 2012: $145,689 (-$17,048, -10.48% from previous year)
- 2013: $148,893 (+$3,204, +2.20% from previous year)
- 2014: $159,091 (+$10,197, +6.85% from previous year)
- 2015: $170,587 (+$11,496, +7.23% from previous year)
- 2016: $186,614 (+$16,027, +9.40% from previous year)
- 2017: $204,252 (+$17,638, +9.45% from previous year)
- 2018: $227,388 (+$23,136, +11.33% from previous year)
- 2019: $245,784 (+$18,396, +8.09% from previous year)
- 2021: $305,371
- 2022: $350,403 (+$45,032, +14.75% from previous year)
- 2023: $359,804 (+$9,401, +2.68% from previous year)
- 2024: $399,978 (+$40,174, +11.17% from previous year)
- 2025: $418,156 (+$18,178, +4.54% from previous year)
Providence has seen one of the steepest home price increases in Rhode Island, rising from $145,689 in 2012 to $418,156 in 2025—an increase of 187%. Much of this growth has occurred since 2016, with especially strong gains in 2021 and 2022 as demand for urban living rebounded.
Providence – Historic Capital, Hot Market
As the state capital, Providence has long been a cultural and economic anchor in Rhode Island. Its diverse neighborhoods, from historic Federal Hill to revitalized Olneyville, have helped attract both investors and first-time buyers. Demand for urban convenience and access to colleges, hospitals, and art institutions keeps the market competitive.
The city’s affordability compared to Boston and other New England hubs has drawn regional migration. With infrastructure improvements and tech-sector growth, Providence continues to attract a mix of professionals and families. Its housing market remains active and resilient, despite higher baseline prices.
7. Bradford – 132% Home Price Increase Since 2012
- 2010: $189,197
- 2011: $178,889 (-$10,308, -5.45% from previous year)
- 2012: $177,073 (-$1,817, -1.02% from previous year)
- 2013: $187,741 (+$10,669, +6.03% from previous year)
- 2014: $201,609 (+$13,867, +7.39% from previous year)
- 2015: $203,825 (+$2,216, +1.10% from previous year)
- 2016: $216,802 (+$12,977, +6.37% from previous year)
- 2017: $234,673 (+$17,871, +8.24% from previous year)
- 2018: $249,906 (+$15,233, +6.49% from previous year)
- 2019: $256,003 (+$6,097, +2.44% from previous year)
- 2021: $311,523
- 2022: $351,538 (+$40,015, +12.85% from previous year)
- 2023: $361,071 (+$9,533, +2.71% from previous year)
- 2024: $387,242 (+$26,171, +7.25% from previous year)
- 2025: $410,459 (+$23,217, +6.00% from previous year)
Bradford’s home values increased from $177,073 in 2012 to $410,459 in 2025, a growth of 132%. While the town’s gains haven’t always been headline-grabbing, its trajectory is clear and steady, with a major acceleration since 2020.
Bradford – Southern RI’s Quiet Contender
Bradford is a village within the town of Westerly, located near the southwestern tip of Rhode Island. It offers rural scenery, quiet roads, and proximity to coastal hotspots. This unique positioning has made it attractive to second-home buyers and remote workers alike, boosting housing demand.
Access to beaches, golf courses, and cross-border shopping in Connecticut all add to the area’s draw. Bradford’s market has quietly grown in value as Westerly’s popularity expands, and buyers looking for space without the high coastal premiums are increasingly turning here.
6. North Providence – 153% Home Price Increase Since 2012
- 2010: $192,990
- 2011: $182,626 (-$10,364, -5.37% from previous year)
- 2012: $159,904 (-$22,722, -12.44% from previous year)
- 2013: $160,667 (+$763, +0.48% from previous year)
- 2014: $170,916 (+$10,249, +6.38% from previous year)
- 2015: $173,811 (+$2,896, +1.69% from previous year)
- 2016: $189,086 (+$15,274, +8.79% from previous year)
- 2017: $203,610 (+$14,525, +7.68% from previous year)
- 2018: $226,273 (+$22,663, +11.13% from previous year)
- 2019: $236,334 (+$10,061, +4.45% from previous year)
- 2021: $294,323
- 2022: $337,752 (+$43,429, +14.76% from previous year)
- 2023: $348,138 (+$10,386, +3.08% from previous year)
- 2024: $379,095 (+$30,957, +8.89% from previous year)
- 2025: $405,017 (+$25,921, +6.84% from previous year)
North Providence prices increased 153% since 2012, climbing from $159,904 to $405,017 in 2025. It has shown consistent annual gains since 2014, with especially sharp increases during the pandemic-fueled boom.
North Providence – Compact and Climbing
Located immediately north of Providence, North Providence offers convenient access to the city while maintaining its own identity. With a blend of multifamily properties, condos, and single-family homes, the town attracts a diverse range of buyers, including investors and first-timers.
Strong school performance, nearby job centers, and a walkable commercial district help drive ongoing interest. North Providence has matured into a solid middle-market performer, with affordable pockets that continue to see buyer activity and growth.
5. Warwick – 147% Home Price Increase Since 2012
- 2010: $191,699
- 2011: $175,503 (-$16,196, -8.45% from previous year)
- 2012: $163,176 (-$12,327, -7.02% from previous year)
- 2013: $166,851 (+$3,675, +2.25% from previous year)
- 2014: $177,582 (+$10,731, +6.43% from previous year)
- 2015: $182,691 (+$5,109, +2.88% from previous year)
- 2016: $194,983 (+$12,292, +6.73% from previous year)
- 2017: $212,814 (+$17,831, +9.14% from previous year)
- 2018: $229,775 (+$16,961, +7.97% from previous year)
- 2019: $239,491 (+$9,717, +4.23% from previous year)
- 2021: $294,830
- 2022: $334,629 (+$39,799, +13.50% from previous year)
- 2023: $348,644 (+$14,015, +4.19% from previous year)
- 2024: $382,679 (+$34,035, +9.76% from previous year)
- 2025: $402,844 (+$20,166, +5.27% from previous year)
Warwick’s home values have surged by 147% since 2012, going from $163,176 to over $400,000 in 2025. This steady growth reflects the city’s wide appeal and the increasing value of suburban properties with good access to coastal amenities and infrastructure.
Warwick – Coastal Convenience With Room to Grow
As one of Rhode Island’s largest cities, Warwick combines suburban comfort with a coastal setting. Located just south of Providence and home to T.F. Green International Airport, the city offers excellent transportation access, which has fueled both residential and commercial demand.
Warwick’s neighborhoods range from the waterfront condos of Oakland Beach to family-friendly enclaves inland. The city’s appeal lies in its variety—buyers can find everything from historic homes to new construction. With consistent appreciation and broad services, Warwick continues to draw interest from across the state.
4. Pawtucket – 179% Home Price Increase Since 2012
- 2010: $177,069
- 2011: $158,029 (-$19,040, -10.75% from previous year)
- 2012: $139,411 (-$18,618, -11.78% from previous year)
- 2013: $136,533 (-$2,878, -2.06% from previous year)
- 2014: $148,633 (+$12,101, +8.86% from previous year)
- 2015: $158,918 (+$10,285, +6.92% from previous year)
- 2016: $173,908 (+$14,989, +9.43% from previous year)
- 2017: $192,103 (+$18,195, +10.46% from previous year)
- 2018: $211,012 (+$18,909, +9.84% from previous year)
- 2019: $226,945 (+$15,933, +7.55% from previous year)
- 2021: $281,544
- 2022: $320,113 (+$38,569, +13.70% from previous year)
- 2023: $331,385 (+$11,273, +3.52% from previous year)
- 2024: $364,363 (+$32,978, +9.95% from previous year)
- 2025: $390,280 (+$25,917, +7.11% from previous year)
After hitting a low of $139,411 in 2012, Pawtucket home prices have surged 179%, reaching $390,280 in 2025. The city’s rapid appreciation in the past decade reflects both its affordability and growing interest from investors and first-time buyers.
Pawtucket – Revitalization and Strong Returns
Pawtucket is undergoing a transformation. Known historically for its industrial base and textile mills, the city is now attracting attention for its arts scene, development projects, and growing commuter infrastructure—especially the new Pawtucket-Central Falls train station.
With strong ties to nearby Providence and Massachusetts, Pawtucket offers relatively low housing costs and big potential upside. The revitalization of downtown and the riverfront adds long-term value, helping support one of the strongest price trajectories in the state.
3. West Warwick – 147% Home Price Increase Since 2012
- 2010: $187,120
- 2011: $172,439 (-$14,680, -7.85% from previous year)
- 2012: $155,140 (-$17,300, -10.03% from previous year)
- 2013: $154,941 (-$199, -0.13% from previous year)
- 2014: $164,160 (+$9,219, +5.95% from previous year)
- 2015: $165,879 (+$1,719, +1.05% from previous year)
- 2016: $176,221 (+$10,342, +6.23% from previous year)
- 2017: $192,893 (+$16,672, +9.46% from previous year)
- 2018: $210,185 (+$17,292, +8.96% from previous year)
- 2019: $222,747 (+$12,562, +5.98% from previous year)
- 2021: $277,758
- 2022: $320,023 (+$42,265, +15.22% from previous year)
- 2023: $333,802 (+$13,779, +4.31% from previous year)
- 2024: $363,228 (+$29,425, +8.82% from previous year)
- 2025: $383,640 (+$20,412, +5.62% from previous year)
West Warwick’s home values have jumped 147% since 2012, with a steady rise from $155,140 to $383,640. The growth has been stable and reliable, helped by regional demand for mid-market homes close to job centers.
West Warwick – A Compact Town With Broad Appeal
West Warwick is the smallest town by land area in Rhode Island, but it offers big value for budget-conscious buyers. Located near the geographic center of the state, it offers fast access to Warwick, Coventry, and Providence, making it an excellent base for commuters.
Its mill-village roots give the town character, and ongoing efforts to improve local schools and parks have raised its profile. As prices rise statewide, West Warwick remains one of the most accessible entry points into homeownership with strong appreciation potential.
2. Woonsocket – 172% Home Price Increase Since 2012
- 2010: $162,101
- 2011: $153,451 (-$8,649, -5.34% from previous year)
- 2012: $140,849 (-$12,603, -8.21% from previous year)
- 2013: $130,406 (-$10,443, -7.41% from previous year)
- 2014: $138,842 (+$8,436, +6.47% from previous year)
- 2015: $148,124 (+$9,282, +6.69% from previous year)
- 2016: $158,959 (+$10,835, +7.31% from previous year)
- 2017: $174,114 (+$15,154, +9.53% from previous year)
- 2018: $196,428 (+$22,315, +12.82% from previous year)
- 2019: $217,902 (+$21,474, +10.93% from previous year)
- 2021: $279,169
- 2022: $315,513 (+$36,344, +13.02% from previous year)
- 2023: $327,822 (+$12,309, +3.90% from previous year)
- 2024: $364,916 (+$37,094, +11.32% from previous year)
- 2025: $383,588 (+$18,672, +5.12% from previous year)
Woonsocket’s real estate market has rebounded sharply since its 2012 low, with prices up more than 170%. What started as one of the most affordable cities in the state has evolved into a hotbed of activity, especially for those priced out of nearby Providence and Massachusetts suburbs.
Woonsocket – Affordable Housing With Quick Connections
Woonsocket lies along the Massachusetts border and has long served as a working-class hub with deep industrial roots. Today, its affordability, transit access, and revitalization efforts have given it new energy, attracting investors and young families.
The city benefits from its proximity to both Worcester and Providence, making it a strategic location for commuters. New housing developments, community revitalization, and local economic efforts continue to support upward pricing trends.
1. Central Falls – 209% Home Price Increase Since 2012
- 2010: $144,821
- 2011: $134,130 (-$10,691, -7.38% from previous year)
- 2012: $121,949 (-$12,181, -9.08% from previous year)
- 2013: $125,260 (+$3,311, +2.72% from previous year)
- 2014: $136,276 (+$11,015, +8.79% from previous year)
- 2015: $150,439 (+$14,163, +10.39% from previous year)
- 2016: $162,882 (+$12,444, +8.27% from previous year)
- 2017: $177,134 (+$14,252, +8.75% from previous year)
- 2018: $195,810 (+$18,676, +10.54% from previous year)
- 2019: $211,923 (+$16,113, +8.23% from previous year)
- 2021: $273,661
- 2022: $311,860 (+$38,199, +13.96% from previous year)
- 2023: $317,958 (+$6,098, +1.96% from previous year)
- 2024: $356,580 (+$38,622, +12.15% from previous year)
- 2025: $376,789 (+$20,209, +5.67% from previous year)
Central Falls has seen the most dramatic rise of any town in Rhode Island, with prices increasing over 200% since 2012. From just $121,949 to nearly $377,000 in 2025, it marks a remarkable shift in a community once known as the most affordable in the state.
Central Falls – From Struggles to Surging Prices
Central Falls, the smallest and most densely populated city in Rhode Island, has undergone significant transformation. Once a symbol of urban distress, the city has turned a corner through public-private partnerships, school improvements, and investments in housing stock.
Buyers now see Central Falls as a value play with big upside potential. Its proximity to Providence and newly built infrastructure have changed perceptions. As affordability shrinks statewide, Central Falls continues to attract first-time buyers and developers alike.
