A lot of people are moving down into the area from Boston because the prices are lower. People are going to the restaurants in Providence, which seems to be becoming an extension of Boston. They do a lot of community things like Christmas parades and Valentine's Day strolls, and they just put in the old-style gas streetlights. Because of the popularity of the neighborhood and the loyalty of its residents, only a few houses come on the market each year there, says Ryan. In an average year, you might see two or three for sale.
Prices vary widely, because the area runs the gamut as far as types of houses.
I would say that a big, older house on South Washington might go for a high in the 400s, but you could find a smaller house on a side street in the 140s.