The story of this market
The typical home in ZIP 02921 sells for about $465,000, or $312 per square foot.
Prices are down 5.4% from a year ago, which gives buyers more room to negotiate. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,411 a month.
ZIP 02921 — Cranston
The 02921 market is characterized by high home values and low inventory, with a median price of $714,000. While year-over-year prices have seen a slight decline, the market remains competitive for well-priced properties. The area is primarily a stable, owner-occupied suburban community with limited rental activity.
This ZIP is best suited for family buyers and professionals seeking suburban space and larger homes, as it offers a quieter environment compared to urban centers.
Median prices moved down 5.4% year over year.
Homes spend a median of 32 days on market with 11.3 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 99.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 5.8% — 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 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02921, Providence County RI
Schools serving the area are generally well-regarded within the Cranston Public Schools district.
The area is primarily residential with limited large-scale commercial development, maintaining a suburban character.
Property taxes are assessed by the City of Cranston; rates are determined annually based on the city budget and property valuations.
Residents primarily rely on personal vehicles for commuting, with access to major regional highways connecting to Providence.
The area features access to local parks, golf courses, and suburban shopping centers within a short drive.
The rental market is limited, with a high share of owner-occupied single-family homes and modest demand for rental units.
The local economy is supported by a mix of professional services, retail, and proximity to the broader Providence employment market.
Transportation is heavily car-dependent with limited public transit infrastructure within the ZIP code.
Development is largely focused on infill residential projects rather than large-scale commercial expansion.
The City of Cranston Assessor's office manages property valuations for tax purposes.
Parcels are subject to Cranston municipal taxes and the Cranston Public Schools district.
Standard residential property insurance applies; no specific regional hazard-related premium spikes reported.
Data retrieved from US Census Bureau ACS and ZCTA profiles.
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 America4.39.8 mi
- R1 Indoor Karting | Time Mission, Dart City, Mission Box & Axe Bar4.69.7 mi
- Dave & Buster's Providence4.26.4 mi
- Wide World of Indoor Sports4.415.4 mi
- Funcity Trampoline Park Seekonk, MA4.29.8 mi
- Amica Mutual Pavilion4.46.2 mi
- Rhode Island Convention Center4.46.2 mi
- Topgolf Rhode Island4.33.1 mi
- Providence Performing Arts Center4.86.3 mi
- Wright's Farm4.415.7 mi
- Bally's Lincoln3.98.9 mi
- Roger Williams Park Zoo4.65.3 mi
- RISD Museum4.76.7 mi
- Colt State Park4.812.8 mi
- Lincoln Woods State Park4.69.8 mi
- RISD Museum4.76.7 mi
- Lizzie Borden House (A Bed and Breakfast & Museum)4.819 mi
- Providence Children's Museum4.66.3 mi
- Newport Car Museum4.918.3 mi
- Blithewold Manor, Gardens & Arboretum4.715 mi
- Colt State Park4.812.8 mi
- Lincoln Woods State Park4.69.8 mi
- Roger Williams Park4.75.6 mi
- Goddard Memorial State Park4.68.7 mi
- Rocky Point State Park4.79.3 mi
- East Providence Yacht Club4.37.3 mi
- Rhode Island Yacht Club4.66.6 mi
- Topgolf Rhode Island4.33.1 mi
- Kirkbrae Country Club4.612.5 mi
- Triggs Memorial Golf Course4.25.3 mi
- Harbor Lights Dining Events Golf Marina4.48.7 mi
- Swansea Country Club4.412.5 mi
- Providence Place4.46.5 mi
- Warwick Mall4.33.6 mi
- Garden City Center4.62.9 mi
- Rhode Island T.F. Green International Airport4.45.4 mi
- Boston Skydive Center510.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Known for its suburban layout and larger residential lots.
Key-figure check: median price diverges 53.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $714,000 (+53.5% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.