The town of Falmouth is part of the Portland-South Portland-Biddeford Metro area in Cumberland County. This suburban town has Casco Bay as its border and has one of the largest anchorages in all of Maine. There are three private golf clubs as well as the renowned Portland yacht club within its vicinity.
Falmouth is considered one of the more affluent suburbs of Portland. There are 11,185 residents in 4334 households, according to the latest population estimates. The town encompasses 36.34 square miles of land and water.
On average, homes in town are fairly large (2,079 square feet) with an average construction date of 1973. The majority of residents in town are homeowners (66.3 percent) while 33.7 percent are renters. Condominiums are also available in Falmouth, although they comprise only 7.8 percent of residential dwellings. Single-family homes represent 89.7 percent of all residential dwellings in town.
As an affluent community, homes in the area are naturally higher-priced than the general Metropolitan area. The median list price of a house in Falmouth is $449,000. The median sold price is $413,807. Finding a home in the area for sale is fairly easy at this time, but the market is competitive.
Real estate values in Falmouth are fairly stable. One indicator of this would be the mortgage delinquency rate. The percentage of homeowners currently in foreclosure in Falmouth are only 5.7 percent, while the number of delinquent mortgages is only 2.7 percent. These numbers are significantly lower than the national average. Anyone looking for a stable, safe, upscale environment should consider purchasing a home in Falmouth.
What an opportunity to own in Falmouth - with one of the top school systems in Maine! To say this home has excellent bones would be an understatement. You'll love the lay...
Listing courtesy of Berkshire Hathaway HomeServices New England Prime Properties.
Open House, Sunday, 11/25, 2-4PM. Attractive 3 bedroom one-level Ranch tucked away in charming neighborhood near Maine Audubon with just a short walk to Casco Bay. Well m...
Listing courtesy of Coldwell Banker Residential Brokerage.
This home is a pleasant surprise! An unassuming Cape from the outside - an interesting tri-level home on the inside! That means there is room for everyone in this four b...
Listing courtesy of Locations Real Estate Group LLC.
4.2± acres for sale located on Route 1 in Falmouth. Easy access from I-295, Exit 10. Land accessed by right-of-way through adjacent parcels. Tower Lease on portion of the...
Listing courtesy of CB Richard Ellis/The Boulos Company.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal,noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2018 Maine Real Estate Information System, Inc. All Rights Reserved.
This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.
Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.