The story of this market
The typical home in ZIP 02860 sells for about $406,500, or $235 per square foot.
Prices are up +1.64% from a year ago, so sellers still have some momentum. Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,192 a month.
ZIP 02860 — Pawtucket
The 02860 housing market shows moderate price appreciation and steady demand, supported by its relative affordability within the Providence metro area. While inventory remains tight, the market is balancing between buyer interest and the constraints of an older housing stock. Investors and families continue to find value here, though the market requires careful due diligence due to localized economic factors.
This ZIP is well-suited for first-time homebuyers and investors seeking value in the Providence metro area. It appeals to commuters who prioritize transit access and renters looking for urban amenities at a lower price point than neighboring cities.
Median prices moved up 1.6% year over year.
Homes spend a median of 25 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.1% · poverty 15.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02860, Providence County RI
Crime rates in Pawtucket are generally higher than the national average, with property crime being the most frequently reported issue. The area experiences trends consistent with older, densely populated urban centers in the Providence metro region.
Public schools in the area are part of the Pawtucket School District, which faces ongoing challenges regarding student performance and resource allocation compared to suburban Rhode Island districts.
The area is subject to standard New England weather risks, including winter storms and potential localized flooding near the Blackstone River. Insurance premiums are influenced by regional coastal and riverine flood exposure.
Economic momentum is tied to the broader Providence-Warwick metro area, with ongoing efforts to revitalize the Pawtucket riverfront and leverage the commuter rail connection to Boston.
Property taxes are assessed by the City of Pawtucket based on local mill rates applied to the assessed value of real estate. The city utilizes a tiered tax structure that distinguishes between residential and commercial property classes.
Residents benefit from proximity to I-95 and the Pawtucket-Central Falls Transit Center, providing commuter rail access to Providence and Boston. Most local commutes are short, though regional traffic congestion is common.
The area features access to Slater Memorial Park, which includes a zoo and carousel, as well as the Blackstone River Bikeway. Shopping and dining are concentrated along the Main Street corridor and nearby retail centers.
The rental market is characterized by high demand for multi-family housing, with steady rent growth and low vacancy rates driven by the area's affordability relative to Boston and Providence.
The economy is anchored by healthcare, manufacturing, and education sectors within the Providence metro area. Major employers include regional hospital systems and local government.
The area is served by a robust network of highways including I-95 and I-295, alongside the MBTA commuter rail line. Public transit is provided by RIPTA bus services.
Ongoing urban renewal projects focus on the redevelopment of historic mill buildings into mixed-use residential and commercial spaces.
The Providence County appraisal process is managed at the municipal level by the Pawtucket Tax Assessor, following state-mandated revaluation cycles.
Parcels are subject to municipal property taxes and the Pawtucket School District levy. No significant MUD/PID districts are present.
Property insurance premiums are rising due to regional climate risks and the age of the housing stock. Coverage for flood and wind damage is a standard consideration for local homeowners.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Gillette Stadium4.616.6 mi
- The Xfinity Center4.212.2 mi
- Supercharged Entertainment4.513 mi
- Patriot Place4.616.6 mi
- Amica Mutual Pavilion4.43.5 mi
- Bally's Lincoln3.93.4 mi
- Roger Williams Park Zoo4.65.6 mi
- RISD Museum4.73.1 mi
- Lincoln Woods State Park4.63 mi
- Showcase Cinema de Lux North Attleboro4.66.4 mi
- RISD Museum4.73.1 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.816.7 mi
- Providence Children's Museum4.63.8 mi
- Blithewold Manor, Gardens & Arboretum4.716.1 mi
- The Providence Athenaeum4.83.1 mi
- Lincoln Woods State Park4.63 mi
- Roger Williams Park4.75.4 mi
- Slater Memorial Park4.62.3 mi
- Rocky Point State Park4.712.3 mi
- Roger Williams Park Botanical Center4.76 mi
- The Cove | Restaurant & Marina4.316.1 mi
- Herreshoff Marine Museum4.715.4 mi
- Harbor Lights Dining Events Golf Marina4.412.6 mi
- East Providence Yacht Club4.33.6 mi
- Rhode Island Yacht Club4.67 mi
- Topgolf Rhode Island4.38.8 mi
- TPC Boston4.711.6 mi
- Kirkbrae Country Club4.66.6 mi
- Triggs Memorial Golf Course4.24.4 mi
- Swansea Country Club4.49.6 mi
- Wrentham Village Premium Outlets4.512 mi
- Providence Place4.43.1 mi
- Warwick Mall4.310.9 mi
- Garden City Center4.68.2 mi
- Emerald Square Mall45.7 mi
- Rhode Island T.F. Green International Airport4.410.2 mi
- Boston Skydive Center56.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The city's largest park featuring a zoo, carousel, and recreational fields.
A scenic regional trail system connecting Pawtucket to surrounding communities.
Historic stadium formerly home to the Pawtucket Red Sox.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).