Providence County Land Prices: $75,165 Per Acre (2025 Analysis)
In Rhode Island, land prices can vary significantly from one county to another. On average, an acre of land in Rhode Island costs $129,118. However, if you're looking for the most affordable option, Providence County stands out as the cheapest at $75,165 per acre.
In contrast, Newport County is the most expensive with an average price of $220,098 per acre. This report will guide you through the land market in Providence County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Providence County (Updated Mar 2025)
As of Mar 05, 2025, there are 51 active listings in Providence County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 0 Spring Grove Rd | $279,000 | 52.3 acres | $5,332 | View Listing |
| 0 Danielson Pike | $175,000 | 32.0 acres | $5,469 | View Listing |
| 0 Carpenter Rd | $274,900 | 34.0 acres | $8,085 | View Listing |
Additionally, here are the listings with the absolute lowest price:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 0 Coniston St | $29,000 | 0.2 acres | $170,593 | View Listing |
| 0 Saw Mill Rd | $29,900 | 2.8 acres | $10,583 | View Listing |
| 0 Saunders Brook Rd | $49,900 | 1.0 acres | $48,303 | View Listing |
Market Demand Analysis for Providence County
- Active Listings: 51
- Pending Sales: 37
- Sold (Last 12 months): 58
- Total Listings: 146
- Turnover Ratio: 113.7%
The turnover ratio (number of sold listings / number of active listings) in Providence County is 114%, which is lower the state average of 145%. This indicates that land in Providence County is less in demand compared to other parts of the state.
Relative to the number of parcels, land in Providence County is less in demand than the state average of 0.04%. Here's a table showing the number of parcels, sold listings, and ratio for Providence County and the top 3 counties:
| County | Parcels | Sold Listings | Sold/Parcel Ratio |
|---|---|---|---|
| Providence County | 201,201 | 58 | 0.03% |
| Washington County | 70,092 | 39 | 0.06% |
| Newport County | 37,993 | 20 | 0.05% |
| Bristol County | 202,399 | 89 | 0.04% |
Land Parcel Analysis
Relative to the number of parcels, land in Providence County is less in demand than the state average of 0.04%. Here's how Providence County's land market activity compares to the state average:
- Total Land Parcels in Providence County: 201,201
- Percentage of Parcels Sold (Last 12 months): 0.03%
- State Average Percentage Sold: 0.04%
Land Appreciation
Land in Providence County is appreciating at a rate of 4.2%, which is slower than the state average of 5.4%.
How Quickly Does Land Sell in Providence County?
- Land in Providence County sells faster than the state average.
- Median Days on Market in Providence County: 93 days
- State Average: 105 days
This means that when land is listed for sale in Providence County, it typically takes 93 days to find a buyer.
Best Land Brokers and Realtors in Providence County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Providence County who have sold the most land in Rhode Island over the last 12 months.
| Broker | Phone | Transactions | Total Volume | Avg DOM |
|---|---|---|---|---|
| Mott & Chace Sotheby'S Intl. | 508-938-9701 | 2 | $3,425,000 | 254 days |
| Sullivan Sotheby'S Intl.Realty | 401-466-5521 | 1 | $2,800,000 | 68 days |
| Keller Williams Coastal | 401-845-9200 | 5 | $2,195,000 | 85 days |
| Chart House, Realtors® | 401-246-4198 | 1 | $1,800,000 | 57 days |
| Re/Max Profnl. Newport, Inc. | 401-849-0100 | 1 | $1,800,000 | 356 days |
| Homesmart Professionals | 401-921-5011 | 6 | $1,521,000 | 287 days |
| Re/Max Professionals | 401-884-6050 | 4 | $1,450,900 | 170 days |
| Alltown Real Estate Group | 401-949-5400 | 6 | $1,370,000 | 403 days |
| Engel & Volkers | 401-638-0010 | 3 | $1,025,000 | 88 days |
| Mott & Chace Sotheby'S Intl. | 401-314-3000 | 2 | $1,010,000 | 124 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.
