Woonsocket, RI — Momentum Score, Home Values & Best-For

All states·Rhode Island·Woonsocket

Providence County · Providence-Warwick · population 44,508

Woonsocket, RI
Image: Wikipedia · Woonsocket, Rhode Island
OverviewCost of livingMoving guide
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70
Rising
Momentum score · 0–100

Where Woonsocket stands

At or near all-time high. rents up 7.1% in the last year.

Median home $386,289
1-year -0.6%
5-yr CAGR +6.4%
vs 5-yr peak -0.7%
Population +0.7%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-02$386k$148k$234k$319k$405k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,599/mo$1,024$1,359$1,695202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent134146100120140202220242026

Rent vs buy

Price-to-rent ratio: 20.1
Lean rent

At a 20.1 price-to-rent ratio, the math is starting to lean toward renting in Woonsocket. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
47 · w22%
Home 5-yr CAGR
72 · w22%
Distance from peak
86 · w18%
Population growth
60 · w16%
Rent YoY
85 · w12%
Home 10-yr CAGR
86 · w10%
Long thesis

Woonsocket has held up across the cycle: home values at $386,289 with +6.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Woonsocket's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Woonsocket

Woonsocket is a city in Providence County, Rhode Island, with an estimated population of 44,508. It anchors the Providence-Warwick metro area. The population grew 0.7% annually from 2020 to 2024, a moderate gain. The median home value in Woonsocket is $386,289 as of 2026-04, down 0.6% over the last 12 months. Over the last five years, home values have averaged +6.4% annual growth, with prices at or near the 5-year peak. Rents in Woonsocket average $1,599 per month, up 7.1% year-over-year. The composite momentum score is 70 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +6.4% annualized over 5 years, outpacing US inflation.
●Held the highs: currently -0.7% from the 5-year peak — this market refused to give back gains.
●Hot rental market: rents up 7.1% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

●Rental squeeze: rents up 7.1% YoY — tenants face tough renewals. Affordability deteriorating fast.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Woonsocket (Wikipedia)

Woonsocket, is a city in Providence County, Rhode Island, United States. The population was 43,240 at the 2020 census, making it the sixth largest city in the state. Being Rhode Island's northernmost city, Woonsocket lies directly south of the Massachusetts state line and constitutes part of both the Providence metropolitan area and the larger Greater Boston Combined Statistical Area.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Providence County right now.

NWS active alerts (RI)Rhode Island Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Providence County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Woonsocket

8 tracked · ranked by median home value
1Oak Grove$453,113+1.3%
2North End$430,790+0.6%
3East Woonsocket$392,591+0.0%
4Fairmount$380,346+0.1%
5Bernon District$376,226-2.6%
6Globe District$373,830-0.9%
7Social District$341,141+13.6%
8Downtown$310,902+1.8%

Cities like Woonsocket

Cranston, RI69 · RisingPawtucket, RI70 · RisingVictorville, CA66 · RisingChattanooga, TN65 · Rising

Run the numbers for Woonsocket

ToolCan I afford Woonsocket?Income → city shortlistToolROI on a Woonsocket rentalCap rate, cash-on-cash, DSCRToolCompare Woonsocket to anywhereSide-by-side up to 3 citiesToolWoonsocket cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
37° / 22°
avg high / low
Summer (Jul)
82° / 64°
avg high / low
Sunny days/yr
198
~54% of year
Annual precip
48″ rain
30″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Moderate
Tornado
Very low
Wildfire
Very low
Earthquake
Very low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Providence-Warwick area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Woonsocket listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$81,800
Rhode Island state median
Top industries (state-level)
HealthcareEducationManufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.