Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Falmouth Foreside

Learn about the people, housing, costs and businesses in Falmouth Foreside, Maine

Median Home$840,100
Median Rent$1,780/month
Population1,595
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education26% healthcare
Home Value Growth⬆⬆⬆+26.3% over 2 years
Retirees31% of residentswell above average
Homeowners77% of occupied units
NotableHigh Incomes$149k/year · top 4% nationally
NotableHighly Educated34% bachelor's · 21% graduate · top 4% nationally
Falmouth Foreside
ME

Explore Falmouth Foreside

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Falmouth Foreside?

As of today, the 30-year fixed mortgage rate for Falmouth Foreside is approximately 6.971% (7.010% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Falmouth Foreside
What is the median home price in Falmouth Foreside?

The median home value in Falmouth Foreside is $840k. The median monthly rent is $1,780. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Falmouth Foreside?

Home values in Falmouth Foreside have increased 26.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Falmouth Foreside?

Based on a typical all-in ownership cost of $1,734/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Falmouth Foreside is $149k/year.

Calculate your buying power
What industries drive the economy in Falmouth Foreside?

The largest employment sectors in Falmouth Foreside are healthcare (26%) and public administration (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.