Zip Code:

02920, Cranston, RI

02920 is a Rhode Island Zip code within the city of Cranston and the county of Providence County. Its population is roughly 37,165.

The Real Estate Market in the 2920 Zip Code of Cranston, RI

The 2920 zip code of Cranston, Rhode Island has a median home value of $174,000. This is higher than the statewide median home value of $146,500. The 2920 zip code also has a lower than average unemployment rate of 4.5%. This indicates that there are more jobs in this area than people looking for jobs. The 2920 zip code also has a higher than average percentage of families with children under the age of 18 living in poverty at 27%. This indicates that there are many families who are struggling to make ends meet.

Despite these challenges, homeowners in the 2920 zip code have been able to maintain their home equity and prices over time. In fact, according to Zillow’s Home Value Index, the median home value in this area has increased by 9% over the past three years. This indicates that there is strong demand for homes in this area and that homeowners are able to gain an advantage over those who are looking to purchase a home for the first time.

While it may be difficult for some homeowners to maintain their home equity and prices in an ever-changing market, it is clear that they have done so successfully over time. If you are interested in purchasing a home in the 2920 zip code or any other area within Cranston, Rhode Island, be sure to speak with a real estate agent who can help you find your perfect property!

Price Index: Providence-Warwick, RI-MA

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