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Featured local agent — Falmouth, ME
Sarah Mitchell
Compass Real Estate · Falmouth, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Falmouth, ME Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.05Mmedian sale price
How is the Falmouth, ME housing market right now?
The median home sale price in Falmouth, ME is $1.05M, down 6.7% year-over-year. Homes sell in an average of 22 days with 48 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Falmouth a buyer's or seller's market?
Falmouth, ME is currently a seller's market, based on 2.8 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
22
Average pace
Active listings
48
2.8 months supply
Sale-to-list
100.1%
Above asking
What does the Falmouth housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.05M |
| Median list price | $750,000 |
| Year-over-year price change | -6.7% |
| Average days on market | 22 days |
| Active inventory | 48 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $462/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 19 |
| Listings with a price cut | 18.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Falmouth by property type?
How the Falmouth, ME market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.05M | $522/sq ft | 15 | 22 days |
| Condo / Co-op | $1.15M | $368/sq ft | 1 | 116 days |
| Townhouse | $595,000 | $346/sq ft | 1 | 21 days |
Source: Redfin · Updated monthly
The Falmouth housing market is currently classified as a seller's market with a median sale price of $1.05M. Prices have fallen 6.7% compared to last year, with homes spending an average of 22 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.2x provides context for how home values compare to local earning capacity.
Homes for sale in Falmouth
There are currently 48 homes listed for sale in Falmouth, Maine. The median listing price is $750K.
Active listings
48
Homes on market
Median list price
$750K
Avg. days on market
22
Days until sale
New this week
19
Newly listed
Who lives in Falmouth?
Population
1,447
Median income
$89,625/yr
Median age
62.3 years
Owner-occupied
67.8%
College grads
64.8%
Avg commute
17.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Falmouth?
Zillow home value
$917,980
Zillow rent index
$3,242/mo
Price-to-rent ratio
23.6x
Price-to-income
10.2x
Source: Zillow Research
What is it like to live in Falmouth?
Falmouth is a community of approximately 1K residents with a median age of 62.3 years.The median household income is $89,625, which reflects a relatively affluent area with strong earning potential. 64.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Falmouth offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Falmouth?
3 schools tracked · 1,987 students
The largest public schools serving Falmouth, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Falmouth Elementary School
Grades PK-5 · 874 students
Falmouth High School
Grades 9-12 · 698 students
Falmouth Middle School
Grades 6-8 · 415 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Falmouth, ME?
Want a head-to-head view? Compare Falmouth side-by-side with any other U.S. city using our market-comparison tool.
Is Falmouth a good real estate investment market?
For investors evaluating Falmouth, the price-to-rent ratio of 23.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Falmouth's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Falmouth's median home price.
Frequently asked questions
What is the average home price in Falmouth?
The median home sale price in Falmouth is $1.05M, down 6.7% from last year.
How long do homes stay on market in Falmouth?
Homes typically spend 22 days on market before going under contract.
What is the median income in Falmouth?
The median household income is $89,625 per year.
Is Falmouth a buyer's or seller's market?
With 2.8 months of supply, Falmouth is currently a seller's market.
What is the Zillow home value estimate for Falmouth?
The Zillow Home Value Index (ZHVI) for Falmouth is $917,980, representing the typical home value in the area.
What is the median condo price in Falmouth?
The median condo/co-op sale price in Falmouth, ME is $1.15M, compared to $1.05M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Falmouth?
The median single-family home price in Falmouth, ME is $1.05M (about $522 per square foot).
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