Zip 02723 (Fall River, MA) Housing

The housing market in 02723 Fall River, MA is currently very strong. The median home value in this area is $360,700, which is higher than the US median home value of $338,100. Additionally, the one year house appreciation rate in 02723 Fall River, MA is 10.36%, which is higher than the US one year house appreciation rate of 8.27%. These figures demonstrate that this area has a robust and growing housing market and it continues to be an attractive place to invest in real estate.

The median home cost in Fall River (zip 02723) is $360,700. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Fall River (zip 02723) is up 12.9%.

Average Age of Homes

- The median age of Fall River (zip 02723) real estate is 78 years old

The Rental Market in Fall River (zip 02723)

- Renters make up 65.3% of the Fall River (zip 02723) population
- 1.7% of houses and apartments in Fall River (zip 02723), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fall River, Massachusetts	United States
	7,935.0	139,647,020.0
	58	42
	$360,700	$338,100
	12.9%	16.6%
	52.9%	57.0%
	82.8%	101.1%
	$11.92	$10.98
	$3,034	$2,690
	28.9%	57.4%
	5.3%	11.2%
	65.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	0.7%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	5.6%	4.5%
	3.8%	11.3%
	15.6%	13.0%
	41.8%	20.1%
	16.5%	13.6%
	3.1%	8.3%
	6.5%	9.7%
	1.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.3%	13.6%
	2.3%	13.6%
	4.5%	13.6%
	8.8%	13.2%
	5.3%	14.8%
	4.5%	13.6%
	10.0%	10.0%
	10.5%	4.7%
	51.6%	12.2%

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