Why Live in Valley Falls
Valley Falls, located approximately 8 miles north of Providence, is a Cumberland neighborhood celebrated for its natural beauty and historical significance. The area, developed around a textile mill in the early 1800s, features a variety of New England home styles, including Victorians, Colonial Revivals, Cape Cods, ranch-style homes, and split-levels. Homes typically sit on lots around a third of an acre, with some larger properties in the northern end. Outdoor enthusiasts will appreciate Valley Falls Heritage Park and River Island Park, both offering scenic views of the Blackstone River, as well as the Blackstone River Greenway for biking and picnicking. Lincoln Woods State Park provides additional opportunities for kayaking, fishing, and hiking. The Cumberland Monastery, now a library with extensive walking paths and a playground, adds to the neighborhood's charm. Broad Street serves as the commercial hub, featuring diverse dining options such as Bandidos Mexican Restaurant and La Familia. The Blackstone River Theatre offers cultural enrichment with concerts, classes, and community events. The Cumberland School Department, including Bernard F. Norton Elementary and Cumberland High, is highly rated, providing quality education options. Commuters benefit from proximity to Interstates 295 and 95, Rhode Island Public Transit Authority bus stops, and the Pawtucket/Central Falls Transit Center for train services. While some properties face flood risks, the town is actively working on flood resilience projects. Overall, Valley Falls combines natural beauty, historical charm, and modern amenities, making it a desirable place to live.
Frequently Asked Questions
What is the average home price in Valley Falls, RI?
Homes for sale in Valley Falls, RI have an average home price of $508,193.
How many homes have sold over the last 12 months in Valley Falls, RI?
59 homes have sold in Valley Falls, RI over the last 12 months.
Is Valley Falls, RI a safe city?
In general, the safest neighborhood in Valley Falls, RI with lower crime scores is
Valley Falls.
What are the most popular zip codes in Valley Falls, RI?
What are the most popular neighborhoods in Valley Falls, RI?
The most popular neighborhood in Valley Falls, RI with the most homes for sale is
Valley Falls.
How much do you need to make to afford a house in Valley Falls?
The median home price in Valley Falls is $445,000. If you put a 20% down payment of $89,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Valley Falls.
How are the schools in Valley Falls, RI?
Home Trends in Valley Falls, RI
On average, homes in Valley Falls, RI sell after 34 days on the market compared to the national average of 50 days. The median sale price for homes in Valley Falls, RI over the last 12 months is $459,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$459,000
Median Single Family Sale Price
$465,000
Median 2 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$286
Number of Homes for Sale
4
Last 12 months Home Sales
59
Median List Price
$445,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
6%