Fall River, MA—02724

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$418,000

0.7% YoY Growth

Household Income

$49,800

32.1% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$1,700

1.7% YoY Growth

1-Bed Rent

$1,200

11.9% YoY Growth

2-Bed Rent

$1,700

3.7% YoY Growth

3-Bed Rent

$1,700

0.5% YoY Growth

Other Zip Codes in Fall River, MA

02723 02720 02721

Home Price Trends — Fall River, MA

As of Dec '25, the median home price in Fall River, MA is $418,000, with a year-over-year change of 0.7%. This indicates that home prices in Fall River, MA are flat. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$418,000	0.7%
Single Family	$423,000	0.2%
Condos	$312,000	2.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,750
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,190
2 Bed Rent	$1,700	$1,700
3 Bed Rent	$1,700	$1,940
4 Bed Rent	$2,000	$2,400

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$500,000	22.0%
Listing Count	15	-5.0%
Listings as % of Homes	0.1%	-5.0%
Days on Market	60	-9.0%

Metric	Latest Census	YoY % Change
Population	18,800	6.1%
% Under 18	23.6%	26.2%
% Seniors	15.4%	-4.9%
% WFH	9.3%	745.5%
% w/ College Degree	15.0%	19.0%

Metric	Latest Census	5-Year % Change
% White	65.7%	-12.4%
% Black	9.4%	248.1%
% Hispanic	16.1%	14.2%
% Asian	2.0%	-35.5%
% Foreign Born	21.3%	-1.4%

Metric	Zip Code Average
Total Loan Originations	153
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	17.0%

Fall River, MA—02724

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

Somerset, MA

Fall River, MA

Fall River, MA

Tiverton, RI

Swansea, MA

Frequently Asked Questions

Total Units under HUD	1,267
Total Units Section 8	598
% Rentals under Section 8	10.3%
% Occupied Section 8	87.6%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$60	$1,200	$1,260
2 Bedroom	-$170	$1,700	$1,530
3 Bedroom	$150	$1,700	$1,850
4 Bedroom	$290	$2,000	$2,290

Metric	Zip Code Average
Home Price to Income Ratio	7.2
Median Home Price	$418,000
Median Household Income	$49,800

Fall River, MA—02724

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

Somerset, MA

Fall River, MA

Fall River, MA

Tiverton, RI

Swansea, MA

Frequently Asked Questions

What is the average home price in Fall River, MA 02724?

How have home prices in Fall River, MA 02724 changed over the past year?

What is the home price projection for Fall River, MA 02724?

What are the demographics of Fall River, MA 02724?

How long does it take homes to sell in Fall River, MA 02724?

What is the average rent price in Fall River, MA 02724?