Is Falmouth, MA 02540 a buyer’s or seller’s market?

The Falmouth housing market right now

In the three months ending August 31, 2026, 24% of homes in Falmouth, MA 02540 sold above their list price, the typical home went under contract in 19 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold faster (38 days then) and the median sale price rose 13% to $989,572. Overall, Falmouth is more competitive than a year ago, so tougher for buyers.

Within Barnstable County, homes here sell faster than in 84% of the county’s ZIP codes, and sell less often over asking than in 51%. On our competition score, Falmouth ranks #320 of 362 MA ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Truro 02666 (0% sold over asking) or Cotuit 02635 (6% sold over asking), while Forestdale 02644 (41% sold over asking) and South Yarmouth 02664 (38% sold over asking) are even more competitive.