02540, Falmouth, MA

Falmouth, MA is located in the 2540 zip code. The median home value in this zip code is $269,000. The average home value in the 2540 zip code has increased by 9.5% over the past year. There are currently 1,811 homes for sale in this zip code and the median list price is $269,000. The percentage of homes that are listed for sale and the percentage of homes that have been sold are both at an all-time high. This indicates that there is a lot of interest in purchasing homes in this area and that there are a lot of people who are able to afford to buy homes here.

One reason why home values have increased so much in Falmouth is because of the strong economy that we currently have. Jobs continue to be available and people can afford to buy more expensive homes than they would have been able to before. Additionally, many people who live in Falmouth own their own home which gives them a lot of equity in their property which also helps increase its value over time. Another factor that has contributed to the increase in home values is that there are very few new housing developments being built here which means that there is not as much competition for available properties as there would be if more houses were being built. This means that properties which do become available tend to be more expensive than they would be if there were more competition for them.