Total monthly cost of ownership
Cost to Own a Home in North Falmouth, Massachusetts
A $656,000 home here costs
$4,900per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $210,000 a year.
A standard mortgage calculator would have told you $3,577. The real number is $1,323 higher every month, 37% more than the payment most buyers budget for.
Compare Barnstable County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for North Falmouth from a five-year rolling sample, and with about 2,558 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Barnstable County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North Falmouth against Barnstable County and Massachusetts
| Measure | North Falmouth | Barnstable County |
|---|---|---|
| Median home value | $656,400 | $575,900 |
| Median property tax | $4,386 | $4,090 |
| Effective tax rate | 0.668% | 0.710% |
| Median gross rent | — | $1,596 |
| Population | 2,558 | 230,073 |
The weather behind that power bill
North Falmouth sits in Barnstable County, which averages a high of 80.8°F in its hottest month and a low of 24.1°F in its coldest, with 44.7" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 632 cooling and 5,518 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Barnstable County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Barnstable County
Full Barnstable County cost breakdown · Every county in Massachusetts
Talk to someone who works this market
These are North Falmouth averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works North Falmouth every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in North Falmouth I already own here and may sell
Common questions
How much does it cost to own a home in North Falmouth?
A $656,000 home in North Falmouth, Massachusetts costs approximately $4,900 per month with 20% down at 7.24%. That is $3,577 principal and interest, $365 property tax, $169 homeowners insurance, $242 utilities and $547 set aside for maintenance.
What is the property tax rate in North Falmouth?
North Falmouth has an effective property tax rate of 0.668%, based on a median home value of $656,400 and median real estate taxes of $4,386. That is lower than the Barnstable County average of 0.710%.
What is the average home price in North Falmouth?
The median owner-occupied home value in North Falmouth, Massachusetts is $656,400, against $575,900 across Barnstable County.
Is it cheaper to rent or buy in North Falmouth?
Rent data is not published for North Falmouth at this level of detail.
What salary do you need to buy a home in North Falmouth?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in North Falmouth, Massachusetts at today's rate takes a household income of roughly $210,000 a year. That covers the full $4,900 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Falmouth, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Massachusetts.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.