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Median Home Price in Central Falls, RI

The median home value in Central Falls, RI is $383,271 as of 2026-07-31, up 1.3% from a year earlier.

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Median Home Value

$383,271

Year-over-Year

+1.3%

Population

22,881

Central Falls ranks #12 of 12 Rhode Island cities tracked here by median home value, and sits 16.3% below the state's city median of $457,766. It sits in Providence County, where the county-wide median is $460,038.

Housing affordability in Central Falls

Median household income in Central Falls is $49,285, so the typical home value is about 7.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Central Falls

Central Falls police recorded a violent crime rate of 323 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,005 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Central Falls

What is the average home price in Central Falls, RI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Central Falls, that value is $383,271. That's up 1.3% from a year earlier. It is about 16.3% below the typical Rhode Island city tracked here.

Is Central Falls expensive compared to the surrounding area?

Homes in Central Falls are cheaper than Providence County as a whole, where the median is $460,038 — a difference of about 16.7%.

Is Central Falls affordable?

Median household income here is $49,285, so the typical home value is about 7.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Central Falls a safe place to live?

Central Falls police reported 323 violent crimes per 100,000 residents, covering a population of about 22,881. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in RI

Providence · Warwick · Pawtucket · Woonsocket