Question 1

What is the median home price in Providence, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Providence, Utah is $475,000, which is 8.7% below the Utah state median of $520,000. Home prices in Providence range from $249,000 to $3,950,000, with an average sale price of $490,278. These figures are based on recent closed transactions in the Providence real estate market.

Question 2

Is Providence, Utah a buyer's or seller's market?

Accepted Answer

Providence, Utah is currently a seller's market. Key indicators include an average sale-to-list price ratio of 98.4% and homes spending an average of 67 days on the market. Providence’s median home price is about 9% below the Utah average, yet it sells faster (67 days vs 70) and at a higher sale‑to‑list ratio (98.4%), showing stronger local demand.

Question 3

How long do homes stay on the market in Providence?

Accepted Answer

Homes in Providence, Utah spend an average of 67 days on the market before going under contract compared to the Utah state average of 70 days (3.4% below average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Providence, Utah?

Accepted Answer

As of November 2026, there are 57 active homes for sale in Providence, Utah with 52 new listings added recently. In the most recent reporting period, 27 transactions closed in Providence. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Providence, Utah?

Accepted Answer

Yes — Providence currently has 52 new listings recently added to the market, with prices starting from $249,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Providence is $475,000.

Question 6

How does Providence compare to the Utah state average?

Accepted Answer

Providence home prices are 8.7% below the Utah state median of $520,000, with a local median of $475,000. Homes sell faster than the state average — 67 days in Providence vs 70 days statewide (3.4% below average). The sale-to-list ratio is 98.4% locally vs 98.5% statewide.

Question 7

Are homes in Providence more expensive than the Utah average?

Accepted Answer

No, homes in Providence are more affordable than the Utah state average. The median home price in Providence is $475,000, compared to the statewide median of $520,000 — a difference of $45,000 (-8.7%). This makes Providence an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in Providence than the rest of Utah?

Accepted Answer

Yes, homes in Providence sell faster than the Utah average. The average days on market in Providence is 67 days, compared to 70 days statewide (3.4% below average). This faster pace signals strong buyer demand in the area. Overall, Providence is currently a seller's market.

Question 9

How have home prices changed in Providence over the past year?

Accepted Answer

Home prices in Providence, Utah have decreased by 11.7% over the past year. The median sale price went from $495,000 to $437,000. This decline may signal a shifting market that favors buyers. Check the Providence market trends section above for detailed charts.

Question 10

Is the Providence housing market heating up or cooling down?

Accepted Answer

The Providence housing market is currently showing mixed signals, with prices down 11.7% year-over-year and days on market decreasing by 0.2%. Overall, it is a seller's market. Providence’s median home price is about 9% below the Utah average, yet it sells faster (67 days vs 70) and at a higher sale‑to‑list ratio (98.4%), showing stronger local demand. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Providence home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Providence, Utah was $495,000. Today, the median is $437,000, representing a change of -11.7% ($58,000 decrease). During that same period, the average days on market went from 72 to 72 days.

Question 12

What is the current market outlook for Providence, Utah?

Accepted Answer

Providence’s housing market is holding up well despite a broader environment of rising borrowing costs and waning sentiment. Prices are modestly higher than a month ago (+3.5%) and the market remains tight, with only 27 closed transactions against 52 new listings in the last three months. Single‑family homes dominate activity, posting a median price of $539,500 and a brisk 98.4% sale‑to‑list ratio, while townhomes and condos have softened sharply, reflecting a 21% YoY price drop. Days on market are slightly better than the state average (67 vs 70 days), indicating continued buyer interest.

Economically, 30‑year mortgage rates have risen from 6.41% to 7.34%—the steepest increase in the period—while unemployment stays low and unchanged (Utah 3.6%). Consumer sentiment and real‑estate confidence are trending downward, with the RE Composite Sentiment falling to 45 and Utah’s RE Sentiment to 58, suggesting caution ahead. Statewide news about rising housing costs, water‑conservation efforts for the Great Salt Lake, and wildfire‑related land restoration underscores the broader affordability and environmental pressures that could temper future supply. Nonetheless, Providence’s current price advantage relative to the state and strong demand keep the market in a “warm” zone for buyers willing to navigate higher rates. Providence is currently a seller's market. Providence’s median home price is about 9% below the Utah average, yet it sells faster (67 days vs 70) and at a higher sale‑to‑list ratio (98.4%), showing stronger local demand.

Question 13

What are the key highlights of the Providence housing market?

Accepted Answer

Key highlights of the Providence, Utah housing market include: Median price rose 3.5% month‑over‑month, reaching $475 K, while the state median sits at $520 K.. Single‑family homes remain premium, with a median of $539.5 K (+3% YoY) and $194/sq ft, whereas townhomes/condos dropped 21% YoY to $284 K.. Mortgage rates have climbed sharply from 6.41% to 7.34% over the past six months, pressuring affordability.. Unemployment is stable (Utah 3.6%, national ~4.2%), but real‑estate sentiment has slipped to 45 (national composite) and 58 for Utah.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Providence, Utah?

Accepted Answer

Homes in Providence, Utah range from $249,000 to $3,950,000, with a median price of $475,000. The standard deviation is $562,514, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What are the best schools in Providence, Utah?

Accepted Answer

Providence has 3 schools. The top-rated schools based on state performance scores include: Providence School (59.9% score), 719 students; Spring Creek Middle School (58.7% score), 869 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Providence schools and nearby homes for sale on Propaired.

Question 16

How do Providence schools compare to the state average?

Accepted Answer

Of the 3 schools in Providence, 0 (0%) are rated as high-performing and 2 have strong academics indicators. Families should research individual school ratings on our Providence schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Providence?

Accepted Answer

Yes, Providence has 2 schools with STEM excellence indicators, including Providence School, Spring Creek Middle School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Providence, Utah?

Accepted Answer

Providence has an average broadband download speed of 4364 Mbps and 98% of homes have access to fiber internet. Top internet providers include Wi-Fiber Inc, Utah Telecommunication Open Infrastructure Agency, Google Fiber. This is above average for Utah, supporting remote work and streaming. Residents have an average of 14.3 provider options.

Question 19

Are single-family homes or condos a better investment in Providence?

Accepted Answer

In Providence, single-family homes have a median price of $539,500 (+3.0% YoY), while townhomes/condos are $284,000 (-21.1% YoY). SFRs sell in 46 days vs 39 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Providence?

Accepted Answer

The median price per square foot in Providence, Utah is $208. The average home size is 2,328 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 21

Is now a good time to buy a home in Providence, Utah?

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Providence is currently a seller's market. Prices are stabilizing at 11.7% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. Market timing depends on your personal financial situation and goals.

Question 22

When is the best time to buy a home in Providence?

Accepted Answer

Historically, May offers the most new listings in Providence, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Homes for Sale in Providence, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Providence

K-8 & Elementary Schools

Providence School

Spring Creek Middle School

The Center for Creativity Innovation and Discovery

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Providence Real Estate FAQ

Frequently Asked Questions About Providence Real Estate

What is the median home price in Providence, Utah in 2026?

What is the median home price in Providence, Utah in 2026?

Is Providence, Utah a buyer's or seller's market?

Is Providence, Utah a buyer's or seller's market?

How long do homes stay on the market in Providence?

How long do homes stay on the market in Providence?

How many homes are for sale in Providence, Utah?

How many homes are for sale in Providence, Utah?

Are there new construction homes for sale in Providence, Utah?