Median home value in zip code 02894 (Richmond, RI) is $475,948, up 2.2% year over year. Part of the Providence-Warwick, RI-MA metropolitan area.

Home Value$475,948

YoY Change

+2.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 02894 (Richmond).

Income (annual)

Down Payment

$95,190 on $475,948

Example: $75,000 household income. Change it above to see your own.

Out of reach51.2% of income

Need $137,271/yr to afford.

PITI$3,203

P/I51.2%

Afford$260K

Gap-$216K

P&I $2,407Tax $646Ins $150

6.50% 30yr, 20% down, county tax + RI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

02894 is part of the Providence-Warwick, RI-MA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Providence-Warwick, RI-MA analysis

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