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Area data

Falmouth, MA — ZIP 02540

Population: 8,104 (Census ACS)

The median home value in ZIP 02540 (Falmouth, MA) is $1.10M — up 3.1% over the past year. Homes sell for a median $1.80M after a median 16 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coastalflooding, hurricane, lightning the top-rated hazards. Cost of living is 10.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$1.10M

Median home value

+3.1%

1-year change

16

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$1.10M
1-year appreciation
+3.1%
3-year appreciation
+9.4%
5-year appreciation
+30.3%
10-year appreciation
+102.5%
All-time peak (2026-07)
$1.10M
House Price Index (state)
467.4 (+2.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$1.80M
Median list price
$924,995
Median price per sqft
$471
1-year sale-price change
+166.7%
Median days on market
16 days
Homes sold (recent period)
1
For-sale inventory
55
Sale-to-list ratio
102.9%
Active listings
2
1-year forecast
+3.1%
New listings (monthly)
22

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,278/mo
1BR fair-market rent
$1,597/mo
2BR fair-market rent
$2,044/mo
3BR fair-market rent
$2,658/mo
4BR fair-market rent
$3,067/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (High)
110.5 (100 = US avg)
Electricity rate (state-level)
30.5¢/kWh
Natural gas rate (state-level)
$25.10/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
1
Middle schools
2
High schools
1
Schools include
Falmouth High, Lawrence, Morse Pond School, Mullen-Hall

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coastalFlooding, hurricane, lightning, inlandFlooding, strongWind
Notable hazard ratings (county)
coastalFlooding: Very High · coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
29.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Otis Air National Guard Base/Camp Edwards (7.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
50.9 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
331
Days with Moderate air quality
24
Highest AQI recorded (year)
140

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
15.7 / 20
Transit service frequency
448
Jobs reachable by car (30 min)
6,553
Jobs reachable by transit (45 min)
7,887

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
11
Nearest national park
New Bedford Whaling National Historical Park (16 mi)
National parks include
New Bedford Whaling National Historical Park, Touro Synagogue National Historic Site, Cape Cod National Seashore
Airports within 30 mi
18
Nearest airport
Falmouth Airpark (5 mi)
Nearest major airport
New Bedford Regional Airport (EWB) (18 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
FALMOUTH HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+94 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,967
Housing built before 1970
54.5%
Housing built 2000 or later
16.3%
Median annual property tax
$5,427
Mean commute to work
14 min
Households with broadband internet
78.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
81,694
Average weekly wage
$1,158
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
364

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 02540State medianUS median
Median home value$1.10M$625,940$289,727
Median sale price$1.80M$585,000$325,000
Median days on market16 days27 days51 days
Median annual property tax$5,427$5,436$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 02540?
$1.10M.
What is the median sale price in ZIP 02540?
$1.80M.
How long do homes take to sell in ZIP 02540?
Median days on market: 16 days.
What is typical rent in ZIP 02540?
2-bedroom fair-market rent: $2,044/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 02540?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coastalFlooding, hurricane, lightning, inlandFlooding, strongWind.
Is ZIP 02540 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 02540?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 02540?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 02540?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 02540?
4 schools (1 elementary, 2 middle, 1 high) (NCES, 2022-23).
Is ZIP 02540 walkable?
Walkability index: 15.7/20 (EPA Smart Location Database).
What is the air quality in ZIP 02540?
Good. Median AQI: 37. (EPA AQI).
What is the cost of living in ZIP 02540?
Regional Price Parity: 110.5 (100 = US average) (High) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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