Is Provincetown, MA a good place to invest in rental property?

Provincetown, MA has a median modeled monthly cash flow of $-8,671 and a median cap rate of -0.7%, on a median sold price of $1,050,000. Prices changed +1.2% year over year.

What is the average cap rate in Provincetown, MA?

The median cap rate across recently sold homes in Provincetown, MA is -0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Provincetown, MA?

The median sold price in Provincetown, MA is $1,050,000 (about $1,188 per square foot).

Investing in Provincetown, MA Real Estate

A data-driven snapshot of the Provincetown, MA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,050,000Median sold price

$1,188Median $/sqft

-0.7%Median cap rate

$-8,671Modeled cash flow / mo

+1.2%Appreciation YoY

8.0Months of supply

154Active listings

231Sold (last 12 mo)

What the Provincetown numbers say

In Provincetown, MA, the median home sold for $1,050,000 (about $1,188 per square foot), and the typical deal models out to a -0.7% cap rate with a median $-8,671 of monthly cash flow. Sold prices moved +1.2% over the past year. Inventory sits at about 8.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Massachusetts markets to compare

See Provincetown cash-flowing listings

CashFlowRE ranks every for-sale home in Provincetown, MA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Provincetown deals, or browse the national market data.