Zip Code:

02861, Pawtucket, RI

02861 is a Rhode Island Zip code within the city of Pawtucket and the county of Providence County. Its population is roughly 25,622.

The Real Estate Market in Pawtucket, RI

The 2861 zip code of Pawtucket, Rhode Island has a median home value of $119,000 and a median home equity of $146,000. This is significantly higher than the national median home value of $177,500 and the national median home equity of $142,700. The high values in this zip code are likely due to the presence of universities and colleges in the area. Additionally, many homeowners in this area are likely able to afford larger homes than those found in other parts of the country.

Despite these high values, there is still significant demand for homes in the 2861 zip code. In 2017, there were 1,812 active listings compared to 1,521 listings at the same time last year. This indicates that there is a high level of interest among potential buyers in this area. Additionally, according to Zillow’s Home Value Index (HVI), which measures changes over time in average home prices across different markets within each state and metro area nationwide., Pawtucket has seen an increase in its HVI score from 0.92 in January 2018 to 1.01 as of September 2018 – indicating that prices have increased by approximately 10%.

Price Index: Providence-Warwick, RI-MA

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