Falmouth (Hyannis), MA

Population: 31,644
Average annual home appreciation rate: 1.21%
Total of homes for sale in this market: 83
Median home price: $400,219
Median Rent: $1,295 per room
Home price range: 25.56% of homes are between $313,001 – $418,000
Median sales price: $520,000
Number of homes: 7
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 86.34% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 35.85%
Number of renters: 23.04%
Number of owner occupied: 76.96%
Number people living below poverty level: 7.50%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Falmouth area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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