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Falmouth, MA Real Estate


According to census data in the year 2000 there were 3,077 housing units in Falmouth. This represents a 3.5% growth from 2,972 in 1990.

Of those housing units, 3,077 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Falmouth is about 54.8%. Falmouth's vacancy rate, including seasonal lodging, is about 31.9%. Average household size is 1.85 people.

The majority of houses, apartments or condos in Falmouth were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom18.90%
Two Bedrooms24.60%
Three Bedrooms25.90%
Four Bedrooms19.70%
Five Bedrooms or more6.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1954
Median Value of occupied units$207,100
Median Price asked for vacant units$135,900

Rented Homes, Apartments and Condos

Average Household Size1.58
Median year structure was built1956
Median Monthly Rent asked for vacant units$821

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.20%
Home Equity Loan6.60%
Simple Mortgage45.40%
Debt Free46.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%