North Falmouth, MA Housing Affordability Index
North Falmouth, Massachusetts has an MBR Housing Affordability Index score of 86.9 (Moderately Less Affordable) as of October 30, 2026, ranking 47th most affordable of 193 scored Massachusetts cities, compared with 76.0 statewide and 97.4 nationally. On a median-priced $715,300 home with 20% down, the Massachusetts average 30-year fixed rate of 7.10% means a monthly principal and interest payment of about $3,846, or 38% of the city’s $121,509 median household income.
The MBR Housing Affordability Index (MBR-HAI) for North Falmouth is updated every night from live Massachusetts mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.
North Falmouth is 10.9 points above the Massachusetts score. Scores as of October 30, 2026. See the Massachusetts index
View North Falmouth Mortgage RatesSee What You Can Afford in North Falmouth, Massachusetts
Use this North Falmouth, Massachusetts home affordability calculator to see how much house you can afford at today’s Massachusetts average 30-year mortgage rate of 7.10%. A household earning the North Falmouth median income of $121,509, with no other debts and $143,000 down, can afford a home of about $495,399, compared with a median home value of $715,300. Buying the median priced home with 20% down takes a household income of about $193,700 once property tax and insurance are counted.
| Loan amount | $352,399 |
| Principal & interest | $2,369/mo |
| Property tax | $260/mo |
| Home insurance | $206/mo |
| PMI | $0/mo |
| Total monthly payment | $2,835/mo |
How much house can you afford in North Falmouth?
Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.
In North Falmouth, property taxes run about 0.63% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $7,622 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.
What It Takes to Buy in North Falmouth
Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for North Falmouth, Massachusetts. The rate is the Massachusetts average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.
How North Falmouth Ranks in Massachusetts
Cite the North Falmouth Score
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Scores update each morning, computed from rate data captured the previous night. Score of 100 = national average at a 6.5% reference rate.
