The housing market in 02720 Fall River, MA is doing quite well compared to the US as a whole. The median value of housing in this city is $357,500, which is higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Fall River was 10.36%, far higher than the US 1 year house appreciation rate of 8.27%. This indicates that Fall River's housing market has been appreciating at a faster rate than the national average and potential buyers should consider investing in this area for potential growth and returns on their investment.
The median home cost in Fall River (zip 02720) is $357,500. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Fall River (zip 02720) is up 12.9%.
Average Age of Homes
- The median age of Fall River (zip 02720) real estate is 78 years old
The Rental Market in Fall River (zip 02720)
- Renters make up 51.8% of the Fall River (zip 02720) population
- 1.0% of houses and apartments in Fall River (zip 02720), 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.