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 very 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.
How much do you need to make to afford a house in Valley?
The median home price in Valley is $326,950. If you put a 20% down payment of $65,400 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Valley. The average household income in Valley is $85K.
What are the best public schools in Valley?
The best public schools that serve Valley are:
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?
What are the most popular neighborhoods near Valley, Providence, RI?
Home Trends in Valley, RI
On average, homes in Valley, Providence sell after 11 days on the market compared to the national average of 52 days. The median sale price for homes in Valley, Providence over the last 12 months is $302,500, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$302,500
Median Single Family Sale Price
$302,500
Median Townhouse Sale Price
$435,000
Median 2 Bedroom Sale Price
$125,000
Average Price Per Sq Ft
$248
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$326,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%