Housing in 02540 Falmouth, MA is very expensive compared to the US median value of $338,100. The median value in this area is nearly three times higher at $950,200. The US has seen a 1 year house appreciation rate of 8.27% but remarkably, the appreciation rate for housing in 02540 Falmouth, MA is even higher at 15.71%. This makes it an attractive market for homebuyers and investors alike looking to invest in an area with strong growth potential.
The median home cost in Falmouth (zip 02540) is $950,200. Home appreciation the last 10 years has been 102.5%. Home Appreciation in Falmouth (zip 02540) is up 23.0%.
Average Age of Homes
- The median age of Falmouth (zip 02540) real estate is 49 years old
The Rental Market in Falmouth (zip 02540)
- Renters make up 19.6% of the Falmouth (zip 02540) population
- 1.8% of houses and apartments in Falmouth (zip 02540), 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.