Commercial Real Estate Market in North Falmouth, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
84 active listings and 900 off-market properties in North Falmouth, MA. Commercial property asks $562/SF to buy and $31.58/SF/Yr to lease.
Market Trends
North Falmouth, MA spans 3.9 square miles in Barnstable County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in North Falmouth, MA asks $294/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 North Falmouth, MA asks $411/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 North 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 North Falmouth, MA asks $572/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
Market overview
Demographics & Economy
North Falmouth, MA has 3,338 residents in 2,751 households. Density runs 846 people per square mile. Median household income here is $133,929.
3,338
Population
2,751
Households
1.2
Avg Household Size
58
Median Age
69%
College-Educated
100%
High-School Grad
3.9 sq mi
ZIP Area
846
Density / Sq Mi
$133,929
Median Household Income
$68,750
Median Earnings
$0
Median Rent
$658,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $31.58/SF/Yr lease vs $562/SF buy → buying wins if held > 6.6 years.
At a 5.6% 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 |
|---|---|---|
| Falmouth | — | $31.58 |
| Sandwich | — | $19.07 |
| Marion | — | — |
| Bourne | — | $23.58 |
Commercial property in North Falmouth, MA asks $562/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Falmouth?
Commercial property in North Falmouth, MA asks an average of $562 per square foot. The 3 most recent recorded sales traded at a median of $127/SF, so asking sits 345% above the achieved median. Multifamily carries the highest asking price at $572/SF.
How much does it cost to lease commercial space in North Falmouth?
Asking lease rates in North Falmouth, MA average $31.58 per square foot per year.
Is it cheaper to lease or buy commercial space in North Falmouth?
Buying beats leasing in North Falmouth, MA if the property is held longer than 6.6 years, comparing $31.58/SF/Yr asking rent with $562/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 North Falmouth market data come from?
Realmo compiles North Falmouth, MA figures from 4 recent recorded sales, 57 active sale listings, 27 active lease listings, 900 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 27 active for-lease listings in North 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · report a data issue
