Falmouth, MA—02556
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 $1,017,000, with a year-over-year change of -1.5%. This indicates that home prices in Falmouth, MA are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,017,000 | -1.5% |
| Single Family | $1,032,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $667,000 | -3.1% |
3 Bed | $937,000 | -2.0% |
4 Bed | $1,240,000 | -0.8% |
| 5 Bed | $1,730,000 | 0.0% |
% of Housing Stock
Rental Trends — Falmouth, MA
As of July '25, Rentcast reports the average rent in Falmouth, MA is $5,000, with a year-over-year rent change of 43.7%. Per bedroom, the median rent as of July '25 in Falmouth, MA is 3-bedrooms: $3,250, 4-bedrooms: $8,500. The most common rental property sizes in Falmouth, MA are 3-bedroom and 1-bedroom, accounting for 58.7% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $5,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,700 | $3,250 |
| 4 Bed Rent | $8,500 | $8,500 |
% 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 63. This is a increase of 3.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,100,000 | -5.0% |
Listing Count | 23 | -20.0% |
| Listings as % of Homes | 0.6% | -20.0% |
Days on Market | 63 | 3.0% |
Demographics — Falmouth, MA
As of the latest ACS Survey released in 2023, Falmouth, MA has a population of 2,590, which has decreased by -3.5% over the past 5 years. Falmouth, MA is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 68.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,590 | -3.5% |
% Under 18 | 21.9% | 63.4% |
% Seniors | 30.5% | -16.7% |
% WFH | 33.9% | 164.8% |
% w/ College Degree | 68.9% | 14.8% |
As of the latest ACS Survey released in 2023, Falmouth, MA is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Falmouth, MA is asian, making up 1.8% of the population. Foreign-born residents account for 4.3% of the population in Falmouth, MA, and this percentage has decreased by 55.2% 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 | 94.5% | -2.0% |
% Black | 1.3% | 550.0% |
% Hispanic | 0.6% | ∞% |
% Asian | 1.8% | ∞% |
% Foreign Born | 4.3% | -55.2% |
Mortgage and Risk — Falmouth, MA
According to HUD data as of 2023, there were 124 mortgage originations in Falmouth, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Falmouth, MA. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 124 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 34.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Falmouth, MA
Falmouth, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 30.8% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,730 |
| 2 Bedroom | N/A | N/A | $2,280 |
| 3 Bedroom | $90 | $2,700 | $2,790 |
| 4 Bedroom | -$5,290 | $8,500 | $3,210 |
Affordability — Falmouth, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $1,017,000 |
| Median Household Income | $134,000 |