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North Falmouth

Learn about the people, housing, costs and businesses in North Falmouth, Massachusetts

Median Home$764,500
Median Rent$2,317/month
Population2,810
Leading IndustriesManufacturing · Public Administration2% manufacturing
Home Value Growth⬆⬆+16.5% over 2 years
Retirees27% of residentsabove average nationally
Homeowners89% of occupied units
NotableTransit93/100 · excellent transit access
NotableHigh Incomes$106k/year · top 14% nationally
North Falmouth
MA

Explore North Falmouth

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

Frequently Asked Questions

What are today's mortgage rates in North Falmouth?

As of today, the 30-year fixed mortgage rate for North Falmouth is approximately 6.821% (6.854% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in North Falmouth?

The median home value in North Falmouth is $765k. The median monthly rent is $2,317. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Falmouth?

Home values in North Falmouth have increased 16.5% 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 North Falmouth?

Based on a typical all-in ownership cost of $1,904/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Falmouth is $106k/year.

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What industries drive the economy in North Falmouth?

The largest employment sectors in North Falmouth are public administration (27%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.