Market Overview
Home Prices in Fall River, MA
The median home value in Fall River, MA is $459,250 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fall River are priced12% above average. Fall River is part of the Providence-Warwick, RI-MA metro area.
Over the past five years, Fall River home values have risen by approximately31.5%, reflecting strong long-term appreciation in this market.
Price History
Fall River Home Price Trend
City Comparison
Fall River vs. National Median
At $459,250, homes in Fall River cost 12% above the national median of $410,000. Buyers in Fall River should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Fall River?
20% Down Payment
$91,850
on $459,250
Monthly P&I
$2,395/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,042/mo
incl. taxes & insurance
Income Needed
$121,680
gross annual (30% rule)
10% Down Option
$45,925
+ PMI applies
Loan Amount (20% dn)
$367,400
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fall River, MA?
The median home value in Fall River is $459,250 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Fall River?
Over the past year, home values in Fall River have increased by 2.3%. Over five years, prices have risen approximately 31.5%.
How much do I need to earn to buy a home in Fall River?
To comfortably afford the median home price of $459,250 with a 20% down payment ($91,850) at today's rates (6.8%), you'd need a gross annual income of approximately $121,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Fall River compare to the national average home price?
The national median home value is approximately $410,000. At $459,250, homes in Fall River are 12% above the national average.
What metro area is Fall River part of?
Fall River is part of the Providence-Warwick, RI-MA metropolitan area. Home prices and market conditions can vary across the broader metro region.