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Featured local agent — Falmouth, MI
Sarah Mitchell
Compass Real Estate · Falmouth, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Falmouth, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$105,000median sale price
How is the Falmouth, MI housing market right now?
The median home sale price in Falmouth, MI is $105,000. Homes sell in an average of 6 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of January 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, MI is currently a balanced market and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Falmouth housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $105,000 |
| Median list price | $105,000 |
| Average days on market | 6 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $103/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Falmouth by property type?
How the Falmouth, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $105,000 | $103/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Falmouth housing market is currently classified as a balanced market with a median sale price of $105,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market.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 7.3x provides context for how home values compare to local earning capacity.
Homes for sale in Falmouth
Explore homes currently listed for sale in Falmouth, Michigan across major real estate platforms.
Who lives in Falmouth?
Population
189
Median income
$26,058/yr
Median age
52.8 years
Owner-occupied
82.0%
College grads
15.4%
Avg commute
32.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Falmouth?
Zillow home value
$190,709
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Falmouth?
Falmouth is a community of approximately 0K residents with a median age of 52.8 years.The median household income is $26,058, which represents a working-class community with solid middle-income opportunities. 15.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Falmouth offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Falmouth, MI?
Want a head-to-head view? Compare Falmouth side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Falmouth?
The median home sale price in Falmouth is $105,000, down 0.0% from last year.
How long do homes stay on market in Falmouth?
Homes typically spend 6 days on market before going under contract.
What is the median income in Falmouth?
The median household income is $26,058 per year.
What is the Zillow home value estimate for Falmouth?
The Zillow Home Value Index (ZHVI) for Falmouth is $190,709, representing the typical home value in the area.
How much does a single-family home cost in Falmouth?
The median single-family home price in Falmouth, MI is $105,000 (about $103 per square foot).
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