Providence, RI Foreclosed Homes & Properties

Foreclosure Homes for Sale in Providence, RI: Everything You Need to Know

With an array of things to do and see in Providence, you’ll never be bored with your new home. There are over 91,000 works on display at the RISD Museum, an abundance of historical Colonial houses along Benefit Street to view, and an impressive architectural marvel at the State House's dome, which is the 4th largest self-supporting marble in the world. 

Families can visit the Roger Williams Park Zoo, which is about 40 acres wide and houses over 100 species. For a night out in the town, head to the Trinity Repertory Company that puts on live shows and productions throughout the year.  

Providence is known as one of America's hottest food cities. A popular event in this region is the annual Providence Restaurant Weeks, when restaurants host show-stopping multi-course meals at great prices for all. This event is held twice a year in January and in July. 

Local Job Opportunities 

The industries that dominate Rhode Island include biomedicine, cyber and data analytics, defense shipbuilding and maritime products, advanced business services, manufacturing, and tourism sectors. The top three employers in the area are Roger Williams Medical Center (14,000 employees), Hasbro Children’s Hospital (6,000), and Brown University (4,400).  The average annual salary is $67,000 or $19.35 an hour. 

There are several Fortune 500 companies with headquarters located in the city, such as Textron (ranked 208), United Natural Foods (ranked 319), and Citizens Financial Group (ranked 435).    

Schools and Higher Education

The Providence Schools district serves about 24,000 enrolled students throughout the area at 41 different schools. With approximately 2,000 teachers employed, the student to teacher ratio is 12:1.  

There are seven colleges and universities in Providence. Providence College and Rhode Island College are 4-year private institutions. Rhode Island College is a 4-year public school that’s preferred by many locals.

Weather and Climate 

July is the hottest month of the year in Providence, with an average high of 84.2°F. Winters can get rather cold in Rhode Island. The coldest month of the year is January, with an average low of 20°F.  March is the wettest month of the year, receiving about 4.43 inches of rainfall. Annual rainfall averages 49 inches a year, much higher than the US average of 38 inches. Approximately 36 inches of snow falls during the year.