Area data
Fall river, MA — ZIP 02723
Population: 17,067 (Census ACS)
Home values & appreciation
- Median home value
- $446,254
- 1-year appreciation
- +4.1%
- 3-year appreciation
- +17.3%
- 5-year appreciation
- +33.7%
- 10-year appreciation
- +113.7%
- All-time peak (2026-07)
- $446,254
- House Price Index
- 467.4 (+2.1% YoY)
Market activity
- Median sale price
- $415,000
- Median days on market
- 145 days
- Sale-to-list ratio
- 97.7%
- Active listings
- 1
- 1-year forecast
- +2.5%
Rents
- Typical rent
- $1,763/mo
- 1-year rent change
- +3.4%
- 1BR fair-market rent
- $1,597/mo
- 3BR fair-market rent
- $2,658/mo
Affordability
- Cost of living index (High)
- 110.5 (100 = US avg)
- Electricity rate (state-level)
- 30.5¢/kWh
- Natural gas rate (state-level)
- $25.10/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- iceStorm, inlandFlooding, strongWind, coastalFlooding, coldWave
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 52.0°F
- Average high
- 61.0°F
- Average low
- 44.0°F
- Annual precipitation
- 50.6 in
- Annual snowfall
- 36.1 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 42
- Days with Good air quality
- 269
Walkability & transit
- Walkability index
- 15.7 / 20
- Transit service frequency
- 335
Amenities
- National parks within ~60 mi
- 15
- Nearest national park
- New Bedford Whaling National Historical Park (11 mi)
- Nearest airport
- Wing-Over Farm Airport (8 mi)
- Nearest major airport
- New Bedford Regional Airport (EWB) (9 mi)
- Hospitals nearby (~15 mi)
- 17
- Avg hospital rating
- 3.2 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- +42 tax filers
Housing stock
- Median year housing built
- 1,938
- Median annual property tax
- $3,728
- Mean commute to work
- 23 min
- Households with broadband internet
- 65.0%
Employment & development
- Total county employment
- 199,048
- Average weekly wage
- $1,170
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 306
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →