Explore Fall River
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Why Live in Fall River
Fall River's rich maritime heritage comes alive at Battleship Cove, home to the USS Massachusetts and the world's largest collection of naval ships. History buffs will appreciate the French Second Empire mansion housing the Fall River Historical Society and the infamous Lizzie Borden House. The city's outdoor spaces include the waterfront Fall River Heritage State Park, Kennedy Park, and Ruggles Park, both designed by renowned landscape architect Frederick Law Olmsted. Portuguese culture influences the local dining scene, with restaurants like Caldeiras serving authentic cuisine alongside an extensive wine list. The Cove Restaurant & Marina provides seasonal waterfront dining, while Mesa 21 blends Portuguese and American contemporary dishes.
The Fall River housing market features a range of options across distinct neighborhoods. The median sale price in Fall River is $410,000, with single family homes in the North End commanding a median price of $499,000. The Highlands Fall River area shows median single family home prices of $480,000, while Maplewood's median reaches $460,000. Assonet Bay commands the highest median single family home prices at $570,000. Condominiums present more affordable options, with median prices of $225,000 for one bedroom units and $269,900 for two bedrooms.
Property taxes in Fall River reflect Bristol County's effective rate of 1.11%, which matches neighboring New Bedford and Taunton but sits lower than Providence, Rhode Island's 1.37%. Massachusetts applies a 5% state income tax rate and a 6.25% sales tax. The city's location 50 miles south of Boston and 16 miles east of Providence provides access via Interstate 195 and Route 24. Public education includes Apponequet Regional High School, rated B+ by Niche, serving several neighborhoods including North End and Assonet Bay.
Home Prices in Fall River, MA
The median home sale price in Fall River, MA is $430,000, up 5% year-over-year. Homes in Fall River sell in 47 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$430,000
|
Median Single Family Sale Price
$475,000
|
|
Median Townhouse Sale Price
$594,950
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Median 2 Bedroom Sale Price
$345,000
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Median 1 Bedroom Sale Price
$232,500
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Average Price Per Sq Ft
$281
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Number of Homes for Sale
115
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Last 12 months Home Sales
373
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Months of Supply
3.70
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Median List Price
$439,900
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
5%
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Popular Home Searches in Fall River, MA
Perched on the banks of the Taunton River, Fall River offers historic charm and waterfront living opportunities.
- Want to live by the water? Explore riverfront homes or waterfront homes near Battleship Cove.
- Appreciate traditional New England? Browse colonial style or Victorian homes throughout the Highlands.
- Need space for guests? Look into duplexes or multi-family homes for flexibility and income potential.
- Searching for character? Check out historic homes or properties with fireplaces in older neighborhoods.
- Prefer low maintenance? Consider compact condos or townhomes near downtown and transit.