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Falmouth, ME
Full City Profile · Maine · Cumberland County County
3.2
/5.0
B
Good
1,447
Population
603/sq mi density
$89,625
Median Income
$85,989 per capita
$737,300
Home Value
$865,730 Zillow
$1,441
Median Rent
24.6% income on rent
48°F
Avg Temperature
246 sunny days/yr
24
Violent Crime/100K
1,099 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$89,625 median income, 2.0% unemployment
C
Affordability
2.0 / 5.0
$737,300 home value, $1,441/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
64.8% bachelor's degree or higher
Housing Overview
Median Home Value
$737,300
162% above
US avg: $281,900
Median Rent
$1,441/mo
24% above
US avg: $1,163/mo
Homeownership Rate
67.8%
4% above US avg (65.4%)
Total Housing Units
853
Median year built: 1972
Home Value by Source
Census Median
$737,300
Zillow (ZHVI)
$865,730
Median Sale Price
$840,000
Median List Price
$993,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.8%
Owner-Occupied
32.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$1,441/mo
· Zillow rent:
$3,000/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
4.2%
of listings with price reduction
Price Per Sq Ft
$420
Active Inventory
24
homes for sale
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
67.8%
Complete Housing Data
Home Values
| Census Median Value | $737,300 |
| Zillow Home Value (ZHVI) | $865,730 |
| Median Sale Price | $840,000 |
| Median List Price | $993,500 |
| Price Per Sq Ft | $420 |
Rent
| Census Median Rent | $1,441 |
| Zillow Rent (ZORI) | $3,000 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 4.2% |
| Homes Sold | 9 |
| Active Inventory | 24 |
| Price Per Sq Ft | $420 |
Ownership & Stock
| Owner-Occupied | 67.8% |
| Renter-Occupied | 32.2% |
| Homeownership Rate | 67.8% |
| Total Housing Units | 853 |
| Median Year Built | 1972 |
| Rent Burden | 24.6% |