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Featured local agent — Provincetown, MA
Sarah Mitchell
Compass Real Estate · Provincetown, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Provincetown, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.00Mmedian sale price
How is the Provincetown, MA housing market right now?
The median home sale price in Provincetown, MA is $1.00M, down 18.4% year-over-year. Homes sell in an average of 33 days with 80 active listings. The market is currently a leaning buyer's. (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 Provincetown a buyer's or seller's market?
Provincetown, MA is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
33
Average pace
Active listings
80
5.3 months supply
Sale-to-list
96.5%
Below asking
What does the Provincetown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.00M |
| Median list price | $1.85M |
| Year-over-year price change | -18.4% |
| Average days on market | 33 days |
| Active inventory | 80 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 96.5% |
| Median price per sq ft | $1,597/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 29 |
| Listings with a price cut | 22.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Provincetown by property type?
How the Provincetown, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.00M | $1,463/sq ft | 3 | 126 days |
| Condo / Co-op | $962,250 | $1,670/sq ft | 10 | 33 days |
| Townhouse | $1.14M | $1,428/sq ft | 2 | 84 days |
Source: Redfin · Updated monthly
The Provincetown housing market is currently classified as a leaning buyer's with a median sale price of $1.00M. Prices have fallen 18.4% compared to last year, with homes spending an average of 33 days on market, indicating 5.3 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 8.7x provides context for how home values compare to local earning capacity.
Homes for sale in Provincetown
There are currently 80 homes listed for sale in Provincetown, Massachusetts. The median listing price is $1.9M.
Active listings
80
Homes on market
Median list price
$1.9M
Avg. days on market
33
Days until sale
New this week
29
Newly listed
Who lives in Provincetown?
Population
3,466
Median income
$123,456/yr
Median age
56.6 years
Owner-occupied
70.8%
College grads
62.5%
Avg commute
18.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Provincetown?
Zillow home value
$1.08M
Price-to-income
8.7x
Source: Zillow Research
What is it like to live in Provincetown?
Provincetown is a community of approximately 3K residents with a median age of 56.6 years.The median household income is $123,456, which reflects a relatively affluent area with strong earning potential. 62.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 70.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Provincetown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Provincetown?
1 schools tracked · 137 students
The largest public schools serving Provincetown, MA 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.
Provincetown Schools
Grades PK-8 · 137 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 Provincetown, MA?
Want a head-to-head view? Compare Provincetown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Provincetown?
The median home sale price in Provincetown is $1.00M, down 18.4% from last year.
How long do homes stay on market in Provincetown?
Homes typically spend 33 days on market before going under contract.
What is the median income in Provincetown?
The median household income is $123,456 per year.
Is Provincetown a buyer's or seller's market?
With 5.3 months of supply, Provincetown is currently a leaning buyer's.
What is the Zillow home value estimate for Provincetown?
The Zillow Home Value Index (ZHVI) for Provincetown is $1.08M, representing the typical home value in the area.
What is the median condo price in Provincetown?
The median condo/co-op sale price in Provincetown, MA is $962,250, compared to $1.00M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Provincetown?
The median single-family home price in Provincetown, MA is $1.00M (about $1,463 per square foot).
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