Bourne, MA 02559 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bourne, MA—02559

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$766,000

4.2% YoY Growth

Household Income

$88,700

21.9% YoY Growth

Days on Market

32.0% Shorter YoY

Home Price Forecast

0.9%

Median Rent

$3,800

31.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$3,800

40.2% YoY Growth

3-Bed Rent

N/A

Other Zip Codes in Bourne, MA

02562 02532

Home Price Trends — Bourne, MA

As of May '25, the median home price in Bourne, MA is $736,000, with a year-over-year change of 3.3%. This indicates that home prices in Bourne, MA are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$766,000	4.2%
Single Family	$790,000	3.8%
Condos	$445,000	3.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bourne, MA

As of July '25, Rentcast reports the average rent in Bourne, MA is $3,800, with a year-over-year rent change of 31.5%. Per bedroom, the median rent as of July '25 in Bourne, MA is 2-bedrooms: $3,800. The most common rental property sizes in Bourne, MA are 1-bedroom and 2-bedroom, accounting for 76.0% and 14.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,800	$3,800
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$3,800	$3,800
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.2%

1 Bedroom

76.0%

2 Bedrooms

14.1%

3 Bedrooms

3.6%

Property Listings — Bourne, MA

As of May '25, Realtor.com reports that the median days on market for a home in Bourne, MA is 83. This is a increase of 46.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$850,000	42.0%
Listing Count	13	-9.0%
Listings as % of Homes	0.5%	-9.0%
Days on Market	37	-32.0%

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Demographics — Bourne, MA

As of the latest ACS Survey released in 2023, Bourne, MA has a population of 2,810, which has decreased by -30.7% over the past 5 years. Bourne, MA is a less popular place for families, as children make up 7.1% of the population. The area has a highly educated workforce, with 46.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,810	-30.7%
% Under 18	7.1%	-42.7%
% Seniors	41.6%	18.9%
% WFH	20.2%	531.2%
% w/ College Degree	46.0%	28.5%

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As of the latest ACS Survey released in 2023, Bourne, MA is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Bourne, MA is asian, making up 1.5% of the population. Foreign-born residents account for 1.2% of the population in Bourne, MA, and this percentage has decreased by 64.7% 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	96.4%	-1.0%
% Black	0.9%	-18.2%
% Hispanic	1.3%	160.0%
% Asian	1.5%	∞%
% Foreign Born	1.2%	-64.7%

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Mortgage and Risk — Bourne, MA

According to HUD data as of 2023, there were 70 mortgage originations in Bourne, MA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Bourne, MA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	70
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	0.0%
% Second Loans	21.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Bourne, MA

Bourne, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	63
Total Units Section 8	7
% Rentals under Section 8	1.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,800
2 Bedroom	-$1,440	$3,800	$2,360
3 Bedroom	N/A	N/A	$2,900
4 Bedroom	N/A	N/A	$3,330

Bourne, MA—02559

Key Metrics at a Glance

Other Zip Codes in Bourne, MA

Home Price Trends — Bourne, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bourne, MA

% of Rental Stock

Property Listings — Bourne, MA

Demographics — Bourne, MA

Race and Ethnicity

Mortgage and Risk — Bourne, MA

Mortgages

Rentals and Section 8 — Bourne, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bourne, MA

Home Price to Income Ratio

Bourne, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Cataumet Station

Falmouth, MA

Bourne, MA

Onset

Forestdale, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7
Median Home Price	$766,000
Median Household Income	$88,700

Bourne, MA—02559

Key Metrics at a Glance

Other Zip Codes in Bourne, MA

Home Price Trends — Bourne, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bourne, MA

% of Rental Stock

Property Listings — Bourne, MA

Demographics — Bourne, MA

Race and Ethnicity

Mortgage and Risk — Bourne, MA

Mortgages

Rentals and Section 8 — Bourne, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bourne, MA

Home Price to Income Ratio

Bourne, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Cataumet Station

Falmouth, MA

Bourne, MA

Onset

Forestdale, MA

Frequently Asked Questions

What is the average home price in Bourne, MA 02559?

How have home prices in Bourne, MA 02559 changed over the past year?

What is the home price projection for Bourne, MA 02559?

What are the demographics of Bourne, MA 02559?

How long does it take homes to sell in Bourne, MA 02559?

What is the average rent price in Bourne, MA 02559?