Falmouth, ME · Houses & Market Data

Falmouth, Maine houses and real estate market data.

Houses in Falmouth, ME (Cumberland County) — Census median home value $737,300, county listing prices down about 3.0% over the past year. Market data for Falmouth houses and the broader area.

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Falmouth, ME is in Cumberland County, Maine — this guide covers houses in Falmouth and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 1,447, with a median household income of $89,625. Census data puts Falmouth houses at a median value of $737,300 (all owner-occupied homes); Cumberland County's current median listing price runs $654,725, down about 3.0% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Falmouth housing market

Falmouth is in Cumberland County, Maine. Manifest Census and county price-trend data provide baseline context for houses in Falmouth and the surrounding county market.

Median home value (Census ACS)

$737,300

Population (Census ACS)

1,447

Median household income

$89,625

County price trend (2025)

4.06% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Falmouth market snapshot

Population

1,447

County

Cumberland County

Median Household Income

$89,625

Median Home Value (city)

$737,300

Median Listing Price (Cumberland County)

$654,725

Median Gross Rent

$1,441/mo

Price Trend (YoY)

-3.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Falmouth

What makes Falmouth different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Falmouth's median home value — across all owner-occupied homes, not just recent sales — at $737,300. Separately, Cumberland County's current median listing price (via Realtor.com data, 2026-06-01) runs $654,725. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Cumberland County's FHFA house price index shows a 4.06% annual change in 2025.

Population & Income

Falmouth has an estimated population of 1,447 and a median household income of $89,625, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Falmouth's Census-reported median home value works out to about 8.2x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Falmouth

County guide: Cumberland County — cities, market context, and local resources for the county that includes Falmouth.

USAHouses.com also helps visitors looking in nearby Cumberland County and other Maine communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Falmouth Foreside, Cumberland Center, Cousins Island, Littlejohn Island, Westbrook, Portland, Yarmouth, South Portland, South Windham, Oak Hill, Little Falls, Gorham, Freeport, North Windham, Gray, Dunstan.

More Maine cities with market guides: Lewiston, Bangor, Auburn, Biddeford, Sanford, Saco, Augusta, Waterville.

Adjacent-county Census places with USAHouses.com pages: Old Orchard Beach (~14.1 mi), Saco (~16.1 mi), Biddeford (~20.8 mi), Topsham (~21.9 mi), Lisbon Falls (~22.0 mi), Lisbon (~22.5 mi), Bath (~24.3 mi), Auburn (~25.5 mi), Lake Arrowhead (~25.8 mi), Lewiston (~26.0 mi), Bowdoinham (~26.7 mi), Kennebunkport (~26.9 mi), West Kennebunk (~27.2 mi), Kennebunk (~27.8 mi), Mechanic Falls (~28.5 mi), Sabattus (~28.6 mi).

New construction: Maine new construction.

Census & home facts

Falmouth data from published sources

Population (ACS 2023)

1,447

Median home value (ACS 2023)

$737,300

Median household income (ACS 2023)

$89,625

Median gross rent (ACS 2023)

$1,441

County FHFA annual change (2025)

4.06%

County median listing price (FRED/Realtor.com) (2026-06-01)

$654,725

Census place type

CDP

County

Cumberland County

Land area (Census Gazetteer 2024)

2.40 sq mi

Census GEOID

2324480

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

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Common questions

Falmouth FAQ

What are houses worth in Falmouth, ME?

The Census Bureau's American Community Survey puts the median value of houses in Falmouth at $737,300. Cumberland County's current median listing price runs $654,725, down about 3.0% over the past year.

How much do houses cost in Falmouth, ME?

For owner-occupied houses in Falmouth, Census ACS data shows a median value of $737,300. Active listing prices in Cumberland County may differ — see the market snapshot above.

What types of houses are in Falmouth, ME?

Falmouth houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Cumberland County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Falmouth, ME?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Falmouth's population at approximately 1,447.

What's the median rent in Falmouth, ME?

The Census ACS estimates median gross rent in Falmouth at approximately $1,441 per month.

What is the median household income in Falmouth, ME?

Census ACS data puts the median household income in Falmouth at approximately $89,625.

Is the Falmouth housing market growing?

Cumberland County's FHFA house price index shows a 4.06% annual change in 2025.

Is Falmouth, ME affordable relative to income?

Census ACS data puts Falmouth's median home value at about 8.2 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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