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Home values, rents and more in Falmouth, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$192,000
Metro: $230,000 · U.S.: $366,000
Home values, past year
+7.6%
Metro: +5.5% · U.S.: +1.2%
Population
222
ACS 2020–24
ZIP codes around Falmouth, MI, shaded by typical home valueFalmouth
  • Under $200k
  • $200k–$210k
  • $210k–$220k
  • $220k–$240k
  • $240k+
  • No data
ZIP codes around Falmouth, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Falmouth is outlined.

How Falmouth compares

The typical home in Falmouth, MI is worth about $192,000, according to the Zillow Home Value Index for September 2026. Home values in Falmouth are 17% below the typical value in the Cadillac metro area ($230,000) and 48% below the U.S. typical value ($366,000).

Over the past year, home values in Falmouth rose 7.6%, compared with +5.5% in the Cadillac metro area and +1.2% nationally.

About 222 people live in Falmouth (American Community Survey 2020–24).

Falmouth has the lowest typical home value of the 9 cities in the Cadillac metro area and the 139th-lowest of 686 in Michigan with Zillow figures.

Part of: Missaukee County, MI · Cadillac metro area · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Falmouth, MI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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