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Valley Home for Sale

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  • /50

    $699,999

    • 5 Beds
    • 3 Baths
    • 4,088 Sq Ft

    49 Wealth Ave, Providence, RI 02908

    Thoughtfully renovated 3-family property near Federal Hill, the WaterFire Arts Center, and minutes from major highways, offering 5 total bedrooms across three spacious units. The first and second floors feature double parlors, well-appointed kitchens with scullery space, and abundant natural light. The third-floor 1-bedroom unit provides a tranquil oasis with a Japanese soaking tub and 12-inch

    Steven London HERE Realty

    49 Wealth Ave, Providence, RI 02908

Why Live in Valley

Valley, a neighborhood in Providence, features a variety of housing options, including old mill buildings converted into condominiums, triple-decker multifamily homes, Colonials, and bungalows. Notable converted buildings include Monohasset Mill condos, which provide artist living and studio spaces. The area includes Davis Park, with its walking track, playground, community garden, and baseball field, as well as the Regent Avenue playground. Valley's artistic spirit is evident in local attractions such as The Steel Yard and The WaterFire Arts Center, both repurposed industrial buildings hosting various events and exhibitions. Residents can enjoy sustainable and locally sourced drinks at the Industrious Spirit Company or relax at Buttonwoods Brewery. Dining options include Peruvian cuisine at Los Andes and coffee at New Harvest Coffee Roasters. For groceries, Farm Fresh Rhode Island and Price Rite Marketplace are convenient options. The neighborhood is 1.5 miles from Downtown Providence and less than 2 miles from the Providence train station, offering easy access to Boston. The 92 bus line and the Huntington Expressway provide additional transportation options. While the area around the Woonasquatucket River is prone to flooding, efforts are underway to mitigate this issue. Valley has a crime rate comparable to the national average. Students may attend the highly rated Blessed Sacrament School, among other local schools.

Frequently Asked Questions

Is Valley a good place to live?
Valley is a good place to live, receiving 3.1 stars from its residents. Valley is considered fairly walkable and bikeable with some transit options. Valley has 6 parks for recreational activities. It is very dense in population with 17.4 people per acre and a median age of 32. The average household income is $85,271 which is below the national average. College graduates make up 31.6% of residents. A majority of residents in Valley are renters, with 75.4% of residents renting and 24.6% of residents owning their home. A local real estate agent serving Valley can help you decide if this neighborhood is the right one for you. Learn more on our Valley neighborhood guide.
Is Valley, RI a safe neighborhood?
Valley, RI is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Valley?
The median home price in Valley is $304,900. If you put a 20% down payment of $61,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Valley. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Valley is $85K.
What are the best private schools in Valley?
The best private schools that serve Valley are:
  • Blessed Sacrament School has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
  • Wheeler School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
  • Moses Brown School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.6.
What are the most popular zip codes in Valley, Providence, RI?
The most popular zip codes in Valley, Providence, RI include 02908, 02909, 02903, 02904 and 02907.
What are the most popular neighborhoods near Valley, Providence, RI?
The most popular neighborhoods near Valley, Providence, RI are Olneyville, Smith Hill, Mount Pleasant, Elmhurst and Federal Hill.

Home Trends in Valley, RI

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$310,000
Average Price Per Sq Ft
$290
Number of Homes for Sale
0
Last 12 months Home Sales
3
Months of Supply
0.00
Median List Price
$304,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
18%
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