$399,000
2 Valley St
Central Falls, RI
4 bd3 ba1,666 sqft$239/ft²
House4,356 sqft lot
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Sarah Mitchell
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Compass Real Estate · Central Falls, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Central Falls, RI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Central Falls, RI Housing Market & Real Estate
Seller's market-9.8% YoY
Housing market overview · Updated monthly ·
$446,500median sale price
How is the Central Falls, RI housing market right now?
The median home sale price in Central Falls, RI is $446,500, down 9.8% year-over-year. Homes sell in an average of 19 days with 8 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Central Falls a buyer's or seller's market?
Seller's market2.0 months of supply19 avg. days on market
Central Falls, RI is currently a seller's market, based on 2.0 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
19
Fast-moving
Active listings
8
2.0 months supply
Sale-to-list
100.7%
Above asking
What does the Central Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $446,500 |
| Median list price | $630,000 |
| Year-over-year price change | -9.8% |
| Average days on market | 19 days |
| Active inventory | 8 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 6 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Central Falls by property type?
How the Central Falls, RI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $422,500 | $141/sq ft | 2 | 18 days |
| Condo / Co-op | $408,000 | $147/sq ft | 1 | 204 days |
| Townhouse | $310,000 | $179/sq ft | 1 | 113 days |
Source: Redfin · Updated monthly
The Central Falls housing market is currently classified as a seller's market with a median sale price of $446,500. Prices have fallen 9.8% compared to last year, with homes spending an average of 19 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.4x provides context for how home values compare to local earning capacity.
Homes for sale in Central Falls
There are currently 8 homes listed for sale in Central Falls, Rhode Island. The median listing price is $630K. Featured listings range from $399,000 to $1,050,000.
$425,000
396 Roosevelt Ave
Central Falls, RI
3 bd2 ba2,769 sqft$153/ft²
Condo
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$475,000
29 Jenks Ave
Central Falls, RI
5 bd3 ba3,612 sqft$132/ft²
House17,860 sqft lot
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$499,000
129 Liberty St
Central Falls, RI
4 bd4 ba2,068 sqft$241/ft²
Multi-family5,000 sqft lot
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$549,999
7 Fales St
Central Falls, RI
7 bd3 ba2,600 sqft$212/ft²
Multi-family5,001 sqft lot
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$665,000
108 Sumner Ave
Central Falls, RI
10 bd3 ba4,412 sqft$151/ft²
Multi-family4,356 sqft lot
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$669,900
35 Rand St
Central Falls, RI
12 bd3 ba4,170 sqft$161/ft²
Multi-family7,307 sqft lot
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$699,990
85 Hendricks St
Central Falls, RI
9 bd3 ba2,995 sqft$234/ft²
Multi-family5,663 sqft lot
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$725,999
76 Sylvian St
Central Falls, RI
12 bd6 ba4,263 sqft$170/ft²
Multi-family4,263 sqft lot
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$789,000
1270 Broad St
Central Falls, RI
6 bd4 ba4,350 sqft$181/ft²
Multi-family4,356 sqft lot
View photos & details
$979,000
546 Lonsdale Ave
Central Falls, RI
4 bd3 ba3,669 sqft$267/ft²
Multi-family10,454 sqft lot
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$1,050,000
70 Lincoln Ave
Central Falls, RI
15 bd6 ba7,488 sqft$140/ft²
Multi-family4,792 sqft lot
View photos & details
Looking to buy in Central Falls?
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Active listings
8
Homes on market
Median list price
$630K
Avg. days on market
19
Days until sale
New this week
6
Newly listed
Price drops:25.0%of listings
Sale-to-list:100.7%
Who lives in Central Falls?
Population
22,481
Median income
$45,921/yr
Median age
31.9 years
Owner-occupied
28.6%
College grads
11.5%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Central Falls?
Zillow home value
$385,611
Zillow rent index
$1,721/mo
Price-to-rent ratio
18.7x
Price-to-income
8.4x
Source: Zillow Research
What is it like to live in Central Falls?
Central Falls is a community of approximately 22K residents with a median age of 31.9 years.The median household income is $45,921, which represents a working-class community with solid middle-income opportunities. 11.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 28.6%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Central Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Central Falls?
10 schools tracked · 3,747 students
The largest public schools serving Central Falls, RI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Central Falls Sr High
Grades 9-12 · 805 students
The Learning Community
Grades K-8 · 571 students
Calcutt Middle School
Grades 6-8 · 469 students
Ella Risk School
Grades K-5 · 386 students
Veterans Memorial Elementary
Grades K-5 · 377 students
Segue Inst for Learning
Grades K-8 · 358 students
Blackstone Valley Prep Jr High
Grades 7-8 · 326 students
Raices Dual Language Academy
Grades PK-5 · 225 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Central Falls, RI?
Want a head-to-head view? Compare Central Falls side-by-side with any other U.S. city using our market-comparison tool.
Is Central Falls a good real estate investment market?
For investors evaluating Central Falls, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Central Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Central Falls's median home price.
Frequently asked questions
What is the average home price in Central Falls?
The median home sale price in Central Falls is $446,500, down 9.8% from last year.
How long do homes stay on market in Central Falls?
Homes typically spend 19 days on market before going under contract.
What is the median income in Central Falls?
The median household income is $45,921 per year.
Is Central Falls a buyer's or seller's market?
With 2.0 months of supply, Central Falls is currently a seller's market.
How many homes are for sale in Central Falls?
There are currently 8 homes listed for sale in Central Falls, RI.
What is the Zillow home value estimate for Central Falls?
The Zillow Home Value Index (ZHVI) for Central Falls is $385,611, representing the typical home value in the area.
What is the median condo price in Central Falls?
The median condo/co-op sale price in Central Falls, RI is $408,000, compared to $422,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Central Falls?
The median single-family home price in Central Falls, RI is $422,500 (about $141 per square foot).
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