The housing market in Fall River, MA is thriving. The median value of a house in this area is $357,400, significantly higher than the US median value at $338,100. This indicates that houses are highly valued here. Furthermore, the one-year appreciation rate for houses in Fall River is 10.36%, which is 2.09% higher than the US average of 8.27%. This data shows that not only are houses in Fall River more valuable compared to other areas, but they also appreciate in value faster as well.
The median home cost in Fall River is $357,400. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Fall River is up 12.9%.
Average Age of Homes
- The median age of Fall River real estate is 78 years old
The Rental Market in Fall River
- Renters make up 56.4% of the Fall River population
- 0.9% of houses and apartments in Fall River, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.