Home Values

East Falmouth Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$321,400

  • 2.0% 1-year change
  • 2.1% 1-year forecast

The median home value in East Falmouth is $321,400. East Falmouth home values have gone up 2.0% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in East Falmouth is $247, which is lower than the Cape Cod Metro average of $278. The median price of homes currently listed in East Falmouth is $389,000 while the median price of homes that sold is $321,800. The median rent price in East Falmouth is $1,790.

Foreclosures will be a factor impacting home values in the next several years. In East Falmouth 2.0 homes are foreclosed (per 10,000). This is greater than the Cape Cod Metro value of 1.1 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in East Falmouth is 10.5%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of East Falmouth homeowners underwater on their mortgage is 8.9%, which is lower than Cape Cod Metro at 9.2%.

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Relative ZHVI
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East Falmouth Market Overview

Data through Nov 30, 2014
  • $321,400 ZHVI
  • 2.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $389,000 Median listing price
  • $321,800 Median sale price (Sep 30, 2014)
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East Falmouth Market Health

Data through Nov 30, 2014
  • 5.5/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 8.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2 homes(Oct 31, 2014) East Falmouth
1.1 homes Cape Cod Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Woods Hole $704,000
Town of Falmouth $526,400
North Falmouth $498,600
Name Median ZHVI
Pocasset $388,800
Town of Bourne $361,200
Mashpee $340,800
Name Median ZHVI
Town of Sandwich $314,100
Forestdale $300,500
Buzzards Bay $259,400

Listings & Sales

Data through Nov 30, 2014
  • $247 Median list price / sq ft
  • $236 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
15.2%
Sold below listing
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East Falmouth Rentals

Data through Nov 30, 2014
  • 4.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,790 Rent list price
  • No data Rent list price / sq ft
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