02814 — Providence County, Rhode Island Market Snapshot
Housing market data for zip code 02814 in Providence County, Rhode Island. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$437,500
Days to Sell
41
Homes Sold
12
Inventory
20
Sale-to-List
95.7%
New Listings
33
Price/SqFt
$242
Pending Sales
24
Conforming Loan Available
Most homebuyers in 02814 can comfortably use conventional financing. The median home price of $437,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
02814's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 02814 sells for 4.3% below asking price (95.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 02814 can comfortably use conventional financing. The median home price of $437,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 02814 are set at the county level.
2026 Loan Limits — Providence County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $787,750 |
| 2 Units | $1,066,250 | $1,008,450 |
| 3 Units | $1,288,800 | $1,219,000 |
| 4 Units | $1,601,750 | $1,514,950 |
Affordability Snapshot — Zip 02814
To purchase the median home at $437,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,502.
Monthly Payment
$3,502
Income Required
$150,085
Principal & Interest
$2,696/mo
Down Payment (5%)
$21,875
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 02814.
Estimated Monthly Payment
$2,858
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