Cranston, RI real estate snapshot: Pulse Score pending, cap rate –%, median price $360,000. Below: live market insights, demographics, crime overview, investment hotspots, and nearby areas.
The housing market in Cranston continues to see strong price appreciation, with values up 18.0% compared to last year. Home prices have increased 16.9% in the past month alone. At the current pace, all available homes in Cranston would sell out in just 1.8 months, indicating a continued supply shortage. Homes are taking about 33 days to sell, which is -1 days longer than this time last year. A significant 44.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Cranston market with the affordability index at 47.0. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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The Pulse Score combines property value appreciation, rental income potential, market liquidity, demographic trends, and crime/safety signals into a single 0–100 grade. Higher scores indicate stronger investor fundamentals.
Investment quality depends on your goals. Use the cap rate, investor-friendly score, demographic insights, and crime data on this page to evaluate Cranston, RI for buy-and-hold, fix-and-flip, or short-term rental strategies.
Our analysis combines public datasets (US Census Bureau, FBI Uniform Crime Reporting, HUD, BLS) with proprietary short-term rental performance and active MLS feeds, refreshed on a regular cadence.
Use the “Related analysis” section on this page to jump to the dedicated crime report, school ratings, and state-level short-term rental market analysis for Cranston, RI.
PulseReal’s analysis is built on top of these public, authoritative datasets.
Official UCR crime statistics by state and agency from the FBI.
Population, demographics, housing, and income data from the US Census Bureau.
Encyclopedic overview of the city, history, and notable landmarks.
Housing affordability, fair-market rents, and market reports from HUD.
Local unemployment and employment data from the Bureau of Labor Statistics.
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