The story of this market
The typical home in ZIP 02920 sells for about $497,000, or $265 per square foot.
Prices are up +9% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,294 a month.
ZIP 02920 — Cranston
The housing market in 02920 remains competitive with low inventory and steady price appreciation. Buyers are facing a seller's market, though the pace of price growth has moderated compared to previous years. High demand for suburban living near Providence continues to drive market activity.
This ZIP code is well-suited for families and commuters seeking a suburban environment with convenient access to the Providence employment core and established local amenities.
Median prices moved up 9.0% year over year.
Homes spend a median of 48 days on market with 1.6 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 11.3% — a stable, low-distress 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 10.0%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02920, Providence County RI
The area is served by the Cranston Public Schools district, which maintains a variety of elementary, middle, and high school options for residents.
The area faces standard regional risks for New England, including seasonal winter storms and potential flood risks in low-lying areas near the Pawtuxet River.
Cranston serves as a major residential and commercial hub within the Providence metropolitan area, benefiting from proximity to major regional employers and infrastructure.
Property taxes are assessed by the City of Cranston based on local mill rates applied to the assessed value of real estate, with exemptions available for owner-occupied primary residences.
Residents benefit from direct access to I-95 and I-295, providing efficient transit corridors to downtown Providence and other major employment centers in the region.
The area features access to local parks, the Pawtuxet River trail system, and proximity to various shopping and dining districts along the Reservoir Avenue corridor.
The rental market is characterized by steady demand driven by the area's proximity to Providence, with a mix of single-family rentals and multi-family units.
The local economy is anchored by retail, healthcare, and professional services, with significant employment spillover from the broader Providence metro area.
The area is served by RIPTA bus routes and provides easy highway access to I-95 and I-295 for regional commuting.
Ongoing redevelopment of commercial corridors and mixed-use projects continues to shape the local landscape.
The City of Cranston Assessor's office manages property valuations for tax purposes.
Parcels are subject to municipal taxes and Cranston Public Schools district levies.
Property insurance premiums are influenced by regional coastal and storm-related risk factors common to Rhode Island.
Rhode Island is a judicial foreclosure state requiring court intervention for the foreclosure process.
Sellers are required to provide a standard real estate disclosure form detailing the condition of the property.
Data retrieved from data.census.gov 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.
- United Skates of America4.38.4 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.69.1 mi
- Dave & Buster's Providence4.25.2 mi
- Wide World of Indoor Sports4.416.4 mi
- Funcity Trampoline Park Seekonk, MA4.27.6 mi
- Amica Mutual Pavilion4.45 mi
- Rhode Island Convention Center4.45 mi
- Topgolf Rhode Island4.30.7 mi
- Providence Performing Arts Center4.85 mi
- Wright's Farm4.417.1 mi
- Bally's Lincoln3.98.8 mi
- Roger Williams Park Zoo4.63.3 mi
- Colt State Park4.810.4 mi
- RISD Museum4.75.4 mi
- Lincoln Woods State Park4.69.6 mi
- RISD Museum4.75.4 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.816.5 mi
- Providence Children's Museum4.64.8 mi
- Newport Car Museum4.916.4 mi
- Blithewold Manor, Gardens & Arboretum4.712.7 mi
- Colt State Park4.810.4 mi
- Lincoln Woods State Park4.69.6 mi
- Roger Williams Park4.73.6 mi
- Goddard Memorial State Park4.67.3 mi
- Rocky Point State Park4.77.1 mi
- The Cove | Restaurant & Marina4.316.2 mi
- Herreshoff Marine Museum4.712 mi
- Harbor Lights Dining Events Golf Marina4.46.6 mi
- East Providence Yacht Club4.35.6 mi
- Rhode Island Yacht Club4.64.1 mi
- Topgolf Rhode Island4.30.7 mi
- Kirkbrae Country Club4.612.8 mi
- Triggs Memorial Golf Course4.25 mi
- Swansea Country Club4.410.1 mi
- Harbor Lights Dining Events Golf Marina4.46.6 mi
- Providence Place4.45.3 mi
- Warwick Mall4.32.6 mi
- Garden City Center4.60.4 mi
- Rhode Island T.F. Green International Airport4.43.3 mi
- Boston Skydive Center511.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features a scenic pond and walking paths.
Major open-air shopping and dining destination.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).