The typical owner-occupied home in South Yarmouth is worth about $541,700, 4% below the Massachusetts median of $562,100 and 63% above the national median of $332,700. Owners pay a median $3,766 a year in property taxes, about 0.70% of their home's value, lower than the Massachusetts rate of 1.07%. The median household earns $82,188 a year, so the median home costs 6.6 times the median income (5.4 times for Massachusetts). 80% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
South Yarmouth at a glance
| South Yarmouth | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $541,700 | $562,100 | $332,700 |
| Median property tax paid per year | $3,766 | $5,992 | $3,119 |
| Property tax as a share of value | 0.70% | 1.07% | 0.94% |
| Median household income | $82,188 | $103,960 | $80,734 |
| Homes lived in by their owners | 80% | 63% | 65% |
| Owner homes with a mortgage | 63% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,077 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 28.1% | 21.9% | 21.0% |
| Median rent | $1,806 | $1,762 | $1,413 |
| Rent as a share of renters' income | 39.5% | 30.9% | 30.6% |
| Median year homes were built | 1971 | 1964 | 1980 |
| Vacant homes | 34.7% | 8.1% | 10.1% |
| Population | 11,552 | 7,044,056 | 334,922,499 |
What a typical home costs per month in South Yarmouth
At this week's average 30-year rate of 7.11%, buying the median South Yarmouth home of $541,700 with 20% down costs about $3,457 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,359, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $148,155 for the 20%-down payment. That payment is 50% of the median South Yarmouth household income of $82,188; at that income and 20% down, the 28% guideline points to a home of about $301,000.
The median rent here is $1,806 a month, so owning the median home costs about $1,651 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $108,340 |
|---|---|
| Loan amount | $433,360 |
| Principal and interest | $2,915 |
| Property taxes (0.70% a year) | $316 |
| Homeowners insurance (our estimate, 0.5% a year) | $226 |
| PMI | $0 |
| Total per month | $3,457 |
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| Down payment | $18,960 |
|---|---|
| Loan amount | $531,888 |
| Principal and interest | $3,578 |
| Property taxes (0.70% a year) | $316 |
| Homeowners insurance (our estimate, 0.5% a year) | $226 |
| FHA mortgage insurance | $240 |
| Total per month | $4,359 |
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Questions about home buying in South Yarmouth
What is the median home value in South Yarmouth?
About $541,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in South Yarmouth?
Homeowners pay a median $3,766 a year, which is about 0.70% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in South Yarmouth?
For the median home with 20% down at 7.11%, the payment is about $3,457 a month. Keeping that under 28% of gross income takes about $148,155 a year.
More about South Yarmouth
- Mortgage Refinance in South Yarmouth
- Debt Relief in South Yarmouth
- Home Equity Loans in South Yarmouth
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data