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Featured local agent — Providence, UT
Sarah Mitchell
Compass Real Estate · Providence, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Providence, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$520,950median sale price
How is the Providence, UT housing market right now?
The median home sale price in Providence, UT is $520,950, up 8.0% year-over-year. Homes sell in an average of 54 days with 49 active listings. The market is currently a leaning buyer's. (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 Providence a buyer's or seller's market?
Providence, UT is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 54 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
54
Average pace
Active listings
49
4.1 months supply
Sale-to-list
98.2%
Below asking
What does the Providence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $520,950 |
| Median list price | $537,450 |
| Year-over-year price change | +8.0% |
| Average days on market | 54 days |
| Active inventory | 49 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 18 |
| Listings with a price cut | 28.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Providence by property type?
How the Providence, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $657,500 | $187/sq ft | 8 | 45 days |
| Condo / Co-op | $274,900 | $244/sq ft | 1 | 52 days |
| Townhouse | $330,000 | $206/sq ft | 3 | 67 days |
Source: Redfin · Updated monthly
The Providence housing market is currently classified as a leaning buyer's with a median sale price of $520,950. Prices have risen 8.0% compared to last year, with homes spending an average of 54 days on market, indicating 4.1 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 5.2x provides context for how home values compare to local earning capacity.
Homes for sale in Providence
There are currently 49 homes listed for sale in Providence, Utah. The median listing price is $537K.
Active listings
49
Homes on market
Median list price
$537K
Avg. days on market
54
Days until sale
New this week
18
Newly listed
Who lives in Providence?
Population
8,675
Median income
$103,831/yr
Median age
33.9 years
Owner-occupied
84.3%
College grads
46.6%
Avg commute
16.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Providence?
Zillow home value
$534,815
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Providence?
Providence is a community of approximately 9K residents with a median age of 33.9 years.The median household income is $103,831, which reflects a relatively affluent area with strong earning potential. 46.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Providence offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Providence?
3 schools tracked · 1,959 students
The largest public schools serving Providence, UT 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.
Spring Creek Middle School
Grades 7-8 · 849 students
Providence School
Grades K-6 · 745 students
The Center for Creativity Innovation and Discovery
Grades K-8 · 365 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 Providence, UT?
Want a head-to-head view? Compare Providence side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Providence?
The median home sale price in Providence is $520,950, up 8.0% from last year.
How long do homes stay on market in Providence?
Homes typically spend 54 days on market before going under contract.
What is the median income in Providence?
The median household income is $103,831 per year.
Is Providence a buyer's or seller's market?
With 4.1 months of supply, Providence is currently a leaning buyer's.
What is the Zillow home value estimate for Providence?
The Zillow Home Value Index (ZHVI) for Providence is $534,815, representing the typical home value in the area.
What is the median condo price in Providence?
The median condo/co-op sale price in Providence, UT is $274,900, compared to $657,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Providence?
The median single-family home price in Providence, UT is $657,500 (about $187 per square foot).
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