Market Overview
Home Prices in Woonsocket, RI
The median home value in Woonsocket, RI is $393,719 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Woonsocket are priced4% below average. Woonsocket is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, Woonsocket home values have risen by approximately32.2%, reflecting strong long-term appreciation in this market.
Price History
Woonsocket Home Price Trend
City Comparison
Woonsocket vs. National Median
At $393,719, homes in Woonsocket cost 4% below the national median of $410,000. This makes Woonsocket a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Woonsocket?
20% Down Payment
$78,744
on $393,719
Monthly P&I
$2,053/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,607/mo
incl. taxes & insurance
Income Needed
$104,280
gross annual (30% rule)
10% Down Option
$39,372
+ PMI applies
Loan Amount (20% dn)
$314,975
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Woonsocket, RI?
The median home value in Woonsocket is $393,719 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in Woonsocket?
Over the past year, home values in Woonsocket have decreased by 0.4%. Over five years, prices have risen approximately 32.2%.
How much do I need to earn to buy a home in Woonsocket?
To comfortably afford the median home price of $393,719 with a 20% down payment ($78,744) at today's rates (6.8%), you'd need a gross annual income of approximately $104,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Woonsocket compare to the national average home price?
The national median home value is approximately $410,000. At $393,719, homes in Woonsocket are 4% below the national average.
What metro area is Woonsocket part of?
Woonsocket is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.