Fairhaven, MA 02719 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fairhaven, MA—02719

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$512,000

1.7% YoY Growth

Household Income

$92,500

40.7% YoY Growth

Days on Market

35.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$2,000

2.2% YoY Growth

1-Bed Rent

$1,600

15.0% YoY Growth

2-Bed Rent

$2,100

2.2% YoY Growth

3-Bed Rent

$1,850

6.0% YoY Growth

Home Price Trends — Fairhaven, MA

As of May '26, the median home price in Fairhaven, MA is $512,000, with a year-over-year change of 1.7%. This indicates that home prices in Fairhaven, MA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$512,000	1.7%
Single Family	$517,000	2.0%
Condos	$374,000	3.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fairhaven, MA

As of July '25, Rentcast reports the average rent in Fairhaven, MA is $2,290, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Fairhaven, MA is 1-bedrooms: $1,700, 2-bedrooms: $2,230, 3-bedrooms: $2,470, 4-bedrooms: $5,500. The most common rental property sizes in Fairhaven, MA are 1-bedroom and 2-bedroom, accounting for 44.6% and 31.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,290
Studio Rent	N/A	N/A
1 Bed Rent	$1,600	$1,700
2 Bed Rent	$2,100	$2,230
3 Bed Rent	$1,850	$2,470
4 Bed Rent	$5,500	$5,500

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% of Rental Stock

Studio

2.1%

1 Bedroom

44.6%

2 Bedrooms

31.2%

3 Bedrooms

16.7%

4 Bedrooms

3.8%

5+ Bedrooms

1.6%

Property Listings — Fairhaven, MA

As of May '26, Realtor.com reports that the median days on market for a home in Fairhaven, MA is 31. This is a decrease of -35.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$565,000	0.0%
Listing Count	43	-9.0%
Listings as % of Homes	0.2%	-9.0%
Days on Market	31	-35.0%

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Demographics — Fairhaven, MA

As of the latest ACS Survey released in 2023, Fairhaven, MA has a population of 15,900, which has remained stable by -0.9% over the past 5 years. Fairhaven, MA is a moderately popular place for families, as children make up 15.8% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,900	-0.9%
% Under 18	15.8%	-18.6%
% Seniors	25.6%	16.9%
% WFH	9.3%	116.3%
% w/ College Degree	30.5%	9.7%

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As of the latest ACS Survey released in 2023, Fairhaven, MA is a predominantly white area, with 93.6% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Fairhaven, MA is hispanic, making up 2.3% of the population. Foreign-born residents account for 6.1% of the population in Fairhaven, MA, and this percentage has decreased by 28.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.6%	3.9%
% Black	0.3%	-40.0%
% Hispanic	2.3%	21.1%
% Asian	1.0%	-73.7%
% Foreign Born	6.1%	-28.2%

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Mortgage and Risk — Fairhaven, MA

According to HUD data as of 2023, there were 297 mortgage originations in Fairhaven, MA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairhaven, MA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	297
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Fairhaven, MA

As of 2024, the percent of homes in Fairhaven, MA under the Section 8 program is 11.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Fairhaven, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	205
Total Units Section 8	205
% Rentals under Section 8	11.0%
% Occupied Section 8	97.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$450	$1,600	$1,150
2 Bedroom	-$680	$2,100	$1,420
3 Bedroom	-$140	$1,850	$1,710
4 Bedroom	-$3,450	$5,500	$2,050

Fairhaven, MA—02719

Key Metrics at a Glance

Home Price Trends — Fairhaven, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairhaven, MA

% of Rental Stock

Property Listings — Fairhaven, MA

Demographics — Fairhaven, MA

Race and Ethnicity

Mortgage and Risk — Fairhaven, MA

Mortgages

Rentals and Section 8 — Fairhaven, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairhaven, MA

Home Price to Income Ratio

Fairhaven, MA — ZIP Code Boundary Map

Nearby ZIP Codes

New Bedford, MA

New Bedford, MA

Mattapoisett, MA

New Bedford, MA

Acushnet, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$512,000
Median Household Income	$92,500

Fairhaven, MA—02719

Key Metrics at a Glance

Home Price Trends — Fairhaven, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fairhaven, MA

% of Rental Stock

Property Listings — Fairhaven, MA

Demographics — Fairhaven, MA

Race and Ethnicity

Mortgage and Risk — Fairhaven, MA

Mortgages

Rentals and Section 8 — Fairhaven, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fairhaven, MA

Home Price to Income Ratio

Fairhaven, MA — ZIP Code Boundary Map

Nearby ZIP Codes

New Bedford, MA

New Bedford, MA

Mattapoisett, MA

New Bedford, MA

Acushnet, MA

Frequently Asked Questions

What is the average home price in Fairhaven, MA 02719?

How have home prices in Fairhaven, MA 02719 changed over the past year?

What is the home price projection for Fairhaven, MA 02719?

What are the demographics of Fairhaven, MA 02719?

How long does it take homes to sell in Fairhaven, MA 02719?

What is the average rent price in Fairhaven, MA 02719?