Fall River, MA—02721

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$451,000

0.2% YoY Growth

Household Income

$50,700

36.7% YoY Growth

Days on Market

14.0% Shorter YoY

Home Price Forecast

1.1%

Median Rent

$1,700

4.1% YoY Growth

1-Bed Rent

$1,400

3.4% YoY Growth

2-Bed Rent

$1,700

4.3% YoY Growth

3-Bed Rent

$1,850

5.2% YoY Growth

Other Zip Codes in Fall River, MA

02724 02723 02720

Home Price Trends — Fall River, MA

As of May '26, the median home price in Fall River, MA is $451,000, with a year-over-year change of 0.2%. This indicates that home prices in Fall River, MA are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$451,000	0.2%
Single Family	$461,000	0.9%
Condos	$325,000	3.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,790
Studio Rent	$1,400	$1,470
1 Bed Rent	$1,400	$1,410
2 Bed Rent	$1,700	$1,700
3 Bed Rent	$1,850	$2,010
4 Bed Rent	$2,200	$3,020

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$450,000	2.0%
Listing Count	52	57.0%
Listings as % of Homes	0.1%	57.0%
Days on Market	38	-14.0%

Metric	Latest Census	YoY % Change
Population	25,900	-1.3%
% Under 18	21.7%	-8.1%
% Seniors	16.9%	4.3%
% WFH	5.1%	88.9%
% w/ College Degree	14.9%	35.5%

Metric	Latest Census	5-Year % Change
% White	67.8%	-10.6%
% Black	4.3%	-44.2%
% Hispanic	12.1%	14.2%
% Asian	3.7%	54.2%
% Foreign Born	22.8%	-5.8%

Metric	Zip Code Average
Total Loan Originations	272
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	7.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

Fall River, MA—02721

Key Metrics at a Glance

Other Zip Codes in Fall River, MA

Home Price Trends — Fall River, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fall River, MA

% of Rental Stock

Property Listings — Fall River, MA

Demographics — Fall River, MA

Race and Ethnicity

Mortgage and Risk — Fall River, MA

Mortgages

Rentals and Section 8 — Fall River, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fall River, MA

Home Price to Income Ratio

Fall River, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Fall River, MA

Fall River, MA

Somerset, MA

Fall River, MA

Tiverton, RI

Frequently Asked Questions

Total Units under HUD	1,712
Total Units Section 8	1,419
% Rentals under Section 8	19.3%
% Occupied Section 8	89.1%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$1,400	$1,260
2 Bedroom	-$170	$1,700	$1,530
3 Bedroom	$0	$1,850	$1,850
4 Bedroom	$90	$2,200	$2,290

Metric	Zip Code Average
Home Price to Income Ratio	7.7
Median Home Price	$451,000
Median Household Income	$50,700

Fall River, MA—02721

Key Metrics at a Glance

Other Zip Codes in Fall River, MA

Home Price Trends — Fall River, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fall River, MA

% of Rental Stock

Property Listings — Fall River, MA

Demographics — Fall River, MA

Race and Ethnicity

Mortgage and Risk — Fall River, MA

Mortgages

Rentals and Section 8 — Fall River, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fall River, MA

Home Price to Income Ratio

Fall River, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Fall River, MA

Fall River, MA

Somerset, MA

Fall River, MA

Tiverton, RI

Frequently Asked Questions

What is the average home price in Fall River, MA 02721?

How have home prices in Fall River, MA 02721 changed over the past year?

What is the home price projection for Fall River, MA 02721?

What are the demographics of Fall River, MA 02721?

How long does it take homes to sell in Fall River, MA 02721?

What is the average rent price in Fall River, MA 02721?