Falmouth, MA—02536
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Falmouth, MA
As of Oct '25, the median home price in Falmouth, MA is $695,000, with a year-over-year change of -1.2%. This indicates that home prices in Falmouth, MA are decreasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $695,000 | -1.2% |
| Single Family | $705,000 | -1.3% |
| Condos | $543,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $445,000 | -3.9% |
2 Bed | $543,000 | -2.2% |
3 Bed | $695,000 | -1.1% |
4 Bed | $818,000 | -0.8% |
| 5 Bed | $1,242,000 | -0.2% |
% of Housing Stock
Rental Trends — Falmouth, MA
As of July '25, Rentcast reports the average rent in Falmouth, MA is $2,910, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Falmouth, MA is 1-bedrooms: $1,750, 2-bedrooms: $2,300, 3-bedrooms: $3,200, 4-bedrooms: $3,350. The most common rental property sizes in Falmouth, MA are 1-bedroom and 3-bedroom, accounting for 31.5% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,750 |
| 2 Bed Rent | $2,200 | $2,300 |
| 3 Bed Rent | $3,500 | $3,200 |
| 4 Bed Rent | $2,500 | $3,350 |
% of Rental Stock
Property Listings — Falmouth, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Falmouth, MA is 55. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $812,000 | -2.0% |
Listing Count | 125 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 55 | 10.0% |
Demographics — Falmouth, MA
As of the latest ACS Survey released in 2023, Falmouth, MA has a population of 21,100, which has increased by 8.9% over the past 5 years. Falmouth, MA is a less popular place for families, as children make up 14.4% of the population. The area has a highly educated workforce, with 45.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 8.9% |
% Under 18 | 14.4% | -19.6% |
% Seniors | 28.6% | 10.4% |
% WFH | 14.9% | 231.1% |
% w/ College Degree | 45.4% | 27.9% |
As of the latest ACS Survey released in 2023, Falmouth, MA is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Falmouth, MA is hispanic, making up 3.3% of the population. Foreign-born residents account for 8.5% of the population in Falmouth, MA, and this percentage has increased by 37.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.6% | -0.7% |
% Black | 1.3% | -65.8% |
% Hispanic | 3.3% | -5.7% |
% Asian | 2.9% | 38.1% |
% Foreign Born | 8.5% | 37.1% |
Mortgage and Risk — Falmouth, MA
According to HUD data as of 2023, there were 577 mortgage originations in Falmouth, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Falmouth, MA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 577 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Falmouth, MA
As of 2024, the percent of homes in Falmouth, MA under the Section 8 program is 19.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Falmouth, MA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 249 |
Total Units Section 8 | 174 |
% Rentals under Section 8 | 19.1% |
% Occupied Section 8 | 77.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,750 | $1,910 |
| 2 Bedroom | $310 | $2,200 | $2,510 |
| 3 Bedroom | -$420 | $3,500 | $3,080 |
| 4 Bedroom | $1,040 | $2,500 | $3,540 |
Affordability — Falmouth, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $695,000 |
| Median Household Income | $95,300 |