View in Interactive Map

Provincetown, MA—02657

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,027,000
1.9% YoY Growth
Household Income
$104,000
105.9% YoY Growth
Days on Market
90
3.0% Longer YoY
Home Price Forecast
3.3%
Median Rent
$3,250
67.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$3,250
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Provincetown, MA

As of Dec '25, the median home price in Provincetown, MA is $1,027,000, with a year-over-year change of 1.9%. This indicates that home prices in Provincetown, MA are increasing. 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 TypeMedian Home ValueYoY % Change
All Homes
$1,027,0001.9%
Single Family $1,686,0001.1%
Condos $858,0002.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $703,000
    1.7%
    2 Bed
    		$1,071,0002.5%
    3 Bed
    		$1,825,0002.1%
    4 Bed
    		$2,404,0003.3%
    5 Bed $2,951,4193.6%
    Loading chart...

    % of Housing Stock

    Studio
    14.7%
    1 Bedroom
    18.4%
    2 Bedrooms
    34.5%
    3 Bedrooms
    21.0%
    4 Bedrooms
    8.9%
    5+ Bedrooms
    2.6%

    Rental Trends — Provincetown, MA

    As of July '25, Rentcast reports the average rent in Provincetown, MA is $3,250, with a year-over-year rent change of -67.5%. Per bedroom, the median rent as of July '25 in Provincetown, MA is 2-bedrooms: $3,250. The most common rental property sizes in Provincetown, MA are 1-bedroom and 2-bedroom, accounting for 46.2% and 37.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,250$3,250
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $3,250$3,250
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    10.1%
    1 Bedroom
    46.2%
    2 Bedrooms
    37.4%
    3 Bedrooms
    4.3%
    4 Bedrooms
    2.0%

    Property Listings — Provincetown, MA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Provincetown, MA is 66. 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 7.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,600,000-5.0%
    Listing Count
    		869.0%
    Listings as % of Homes0.9%9.0%
    Days on Market
    		903.0%
    Loading chart...

    Demographics — Provincetown, MA

    As of the latest ACS Survey released in 2023, Provincetown, MA has a population of 3,680, which has increased by 24.4% over the past 5 years. Provincetown, MA is a less popular place for families, as children make up 7.2% of the population. The area has a highly educated workforce, with 61.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,68024.4%
    % Under 18
    		7.2%50.0%
    % Seniors
    		25.8%-16.0%
    % WFH
    		31.3%104.6%
    % w/ College Degree
    		61.5%26.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Provincetown, MA is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 16.7% in the last 5 years. The second most common race or ethnicity in Provincetown, MA is hispanic, making up 12.3% of the population. Foreign-born residents account for 18.0% of the population in Provincetown, MA, and this percentage has increased by 89.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.6%-16.7%
    % Black
    		6.6%312.5%
    % Hispanic
    		12.3%251.4%
    % Asian
    		2.1%75.0%
    % Foreign Born
    		18.0%89.5%
    Loading chart...

    Mortgage and Risk — Provincetown, MA

    According to HUD data as of 2023, there were 159 mortgage originations in Provincetown, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Provincetown, MA. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		159
    % Conventional Loans
    		99.0%
    % Government Loans
    		1.0%
    % Investor Loans
    		9.0%
    % Second Loans
    		47.0%
    % Cash Out Refinance
    		12.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Provincetown, MA

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

    Section 8 Market Size

    Total Units under HUD
    		56
    Total Units Section 8
    		56
    % Rentals under Section 8
    		9.7%
    % Occupied Section 8
    		86.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,430
    2 Bedroom-$1,370$3,250$1,880
    3 BedroomN/AN/A$2,290
    4 BedroomN/AN/A$2,610

    Affordability — Provincetown, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9
    Median Home Price$1,027,000
    Median Household Income$104,000

    Provincetown, MA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    North Truro

    02652

    Truro

    02666

    Wellfleet, MA

    02667

    Fresh Brook

    02663

    East Dennis

    02641

    Frequently Asked Questions