Home prices
The median home in Falmouth costs $428,700. This is roughly $101,580 (31%) higher in comparison to its surrounding areas.Compared to the United States as a whole it is approximately $211,200 (97%) higher, and is about $139,700 (48%) higher compared to the city of Portland.
Rents
Falmouth's median monthly rent is $1,356. It is roughly $66 (5%) higher compared to its nearby areas.Compared to the rest of the country it is roughly $294 (27%) higher, and compared to the city of Portland is roughly $232 (20%) higher.
Nearby places
Falmouth Foreside
Falmouth Foreside is Falmouth's neighbor to the northeast. The real estate prices there are somewhat more expensive. The median home value in Falmouth Foreside is $483,900, which comes out to $55,200 (11%) higher than Falmouth. Its rents are somewhat more expensive. Falmouth Foreside's median rent is $1,750 a month, which comes out to $394 (22%) higher than Falmouth.
Westbrook
Westbrook is roughly 5 miles west of Falmouth. Housing prices there are a lot less expensive. The price of the median home in Westbrook is $232,900, which comes out to $195,800 (84%) lower than Falmouth. Rents there are somewhat less expensive. The median rent in Westbrook is $1,030 per month, which is $326 (31%) lower than Falmouth.
Cumberland Center
Cumberland Center is roughly 5 miles north of Falmouth. The housing prices there are a bit less expensive. The median home in Cumberland Center costs $332,000, which comes out to $96,700 (29%) lower than Falmouth. The rent there is a bit less expensive. Cumberland Center's median rent is $1,164 per month, which is $192 (16%) lower than Falmouth.
South Portland
South Portland is roughly 5 miles southwest from Falmouth. The housing prices there are substantially less expensive. The value of the median home in South Portland is $257,200, which comes out to $171,500 (66%) lower than Falmouth. The rent there is pretty similar. South Portland's median monthly rent is $1,305, which works out to $51 (3%) lower than Falmouth.
Yarmouth
Yarmouth is roughly 6 miles north of Falmouth. Its real estate prices are somewhat less expensive. The median home price in Yarmouth is $329,600, which works out to $99,100 (30%) lower than Falmouth. Its rents are somewhat less expensive. In Yarmouth the median monthly rent is $1,201, which comes out to $155 (12%) lower than Falmouth.
