Similar to the surrounding areas, it's a lot more expensive compared to the United States as a whole. It is close to average compared to the city of Boston.
Home prices
Falmouth's median home value is $540,000. This is is very similar in comparison to other places in this area.It is roughly $322,500 (148%) higher in comparison to the nation as a whole, and compared to the city of Boston is about $7,300 (1%) higher.
Rents
Falmouth's median monthly rent is $853. In comparison to its nearby areas this is roughly $553 (39%) lower.In comparison to the entire nation it is roughly $209 (19%) lower, and it is roughly $767 (47%) lower compared to the city of Boston.
Nearby places
Teaticket
Teaticket is Falmouth's neighbor to the northeast. Its housing prices are substantially less expensive. The cost of the median home in Teaticket is $362,300, which is $177,700 (49%) lower than Falmouth. Rent there is significantly more expensive. Teaticket's median rent is $1,455 per month, which is $602 (41%) higher than Falmouth.
East Falmouth
East Falmouth is roughly 2 miles northeast of Falmouth. The housing prices there are significantly less expensive. The price of the median home in East Falmouth is $375,600, which works out to $164,400 (43%) lower than Falmouth. Rents there are substantially more expensive. The median rent in East Falmouth is $1,448 per month, which comes out to $595 (41%) higher than Falmouth.
Woods Hole
Woods Hole is about 2 miles southwest from Falmouth. Housing prices there are significantly more expensive. Woods Hole's median home cost is $809,000, which comes out to $269,000 (33%) higher than Falmouth. The rent there is substantially more expensive. The median rent in Woods Hole is $1,336 a month, which is $483 (36%) higher than Falmouth.
North Falmouth
North Falmouth is roughly 5 miles north from Falmouth. The real estate prices there are similar. The median home in North Falmouth is valued at $553,700, which works out to $13,700 (2%) higher than Falmouth. The rent there is a lot more expensive. North Falmouth's median rent is $1,406 per month, which works out to $553 (39%) higher than Falmouth.
Vineyard Haven
Vineyard Haven is roughly 6 miles south from Falmouth. The housing prices there are a bit more expensive. The cost of the median home in Vineyard Haven is $577,500, which works out to $37,500 (6%) higher than Falmouth. Rent there is a lot more expensive. The median rent in Vineyard Haven is $1,387 per month, which is $534 (38%) higher than Falmouth.
