Commercial Real Estate Market in Falmouth, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
79 active listings and 900 off-market properties in Falmouth, MA. Commercial property asks $554/SF to buy and $31.58/SF/Yr to lease.
Market Trends
Falmouth, MA spans 22.3 square miles in Barnstable County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Falmouth, MA asks $284/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Falmouth, MA asks $506/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Falmouth, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Falmouth, MA asks $387/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47.1%
- Agricultural 38.2%
- Civic 11.2%
- Commercial 1.8%
- Industrial 1.5%
Largest Zones share of zoned land by district
Agricultural A
Single Residence B
Single Residence C
Agricultural AA
Public Use
Single Residence B (RB)
Single Residence B district is intended to promote single family dwellings.
Market overview
Demographics & Economy
Falmouth, MA has 9,206 residents in 7,293 households. Density runs 412 people per square mile. Median household income here is $87,063 and median gross rent $1,318 a month.
9,206
Population
7,293
Households
1.3
Avg Household Size
61
Median Age
61%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
412
Density / Sq Mi
$87,063
Median Household Income
$52,809
Median Earnings
$1,318
Median Rent
$768,848
Median Home Value
Tools
Lease vs Buy Breakeven
At $31.58/SF/Yr lease vs $554/SF buy → buying wins if held > 6.3 years.
At a 5.7% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Otis A F B | — | — |
| Oak Bluffs | — | — |
| Tisbury | — | — |
| Mashpee | — | — |
Commercial property in Falmouth, MA asks $554/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Falmouth?
Commercial property in Falmouth, MA asks an average of $554 per square foot. The 3 most recent recorded sales traded at a median of $127/SF, so asking sits 338% above the achieved median. Retail carries the highest asking price at $506/SF.
How much does it cost to lease commercial space in Falmouth?
Asking lease rates in Falmouth, MA average $31.58 per square foot per year.
Is it cheaper to lease or buy commercial space in Falmouth?
Buying beats leasing in Falmouth, MA if the property is held longer than 6.3 years, comparing $31.58/SF/Yr asking rent with $554/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Falmouth market data come from?
Realmo compiles Falmouth, MA figures from 4 recent recorded sales, 53 active sale listings, 26 active lease listings, 900 tracked off-market properties, the current Falmouth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 26 active for-lease listings in Falmouth, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 30,176 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
