October's First-Time Homebuyer Report for 02903 Zip Code

The population of the 02903 zip code is growing faster than the rest of Rhode Island, at a 10-year growth rate of 12.6%. It's an average-sized zip code compared to the rest of the state, with 11,246 residents. With a median age of 56 years, homes in the 02903 zip code tend to be older than most. The top school in the zip code is Classical High School.

Culture

According to Foursquare, Providence Place Mall, Apple Providence Place, and Nordstrom Providence Place are the most popular retail spots in 02903. Great outdoor attractions are Prospect Terrace Park and Federal Hill Pineapple. And finally, Showcase Providence Place & IMAX and WaterFire Providence - Waterplace Park are frequently visited spots for entertainment.

Price Range

Home values in the 02903 zip code are generally in line with others in the state with a median home value of $191,000 and an average list price of $343,763.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 02903 zip code:

$199K   $319K   $345K  

Typical Dwelling

A one-bedroom condo valued around $239,935 is considered a typical dwelling in the 02903 zip code. If a buyer was looking for a similar home, they would need good credit and a $47,987 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,636 and the property tax rate is $19.05 per $1,000 of taxable assessed value.

Get started right now by checking out 02903 homes for sale or reviewing 02903 real estate trends.


Data reported through 10/13/2016

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