Outer Cape prices are splitting, depending on which part you watch
The Federal Housing Finance Agency reported U.S. house prices rose 2.6% year over year through July 2026. On the Outer Cape, that number tells you almost nothing. The Real Estate Data Aggregator counted the three months ending August 31, 2026, and the spread here ran from up 23.8% to down 21%, depending on which ZIP code you watch. One market is not behaving like another right now.
The price split, ZIP by ZIP
These are the median sale prices the Real Estate Data Aggregator recorded for the three months ending August 31, 2026. The range is wide. That matters if you are pricing a home or setting a budget.
The two ZIPs with year-over-year price data tell opposite stories
The Real Estate Data Aggregator has year-over-year price changes for four ZIPs. Two moved sharply in opposite directions.
| 02657 | 02642 | 02653 | 02667 | |
|---|---|---|---|---|
| Median sale price | $1,300,000 | $852,750 | $876,250 | $895,000 |
| Price change vs. 2025 | +23.8% | +16.8% | -2.6% | -21% |
| Homes sold | 43 | 38 | 30 | 27 |
| Days on market | 50 | 31 | 25 | 19 |
ZIP 02657 (Provincetown area) saw the median climb to $1,300,000, up 23.8% from the same three months in 2025, per the Real Estate Data Aggregator. New listings there fell 23.5% year over year. Fewer homes to choose from, and prices responded.
ZIP 02667 (Wellfleet area) went the other way. The Real Estate Data Aggregator put the median at $895,000, down 21% from a year ago. But here is the honest part: sales volume jumped 125% year over year, and homes sold in a median of 19 days. Prices dipped, but buyers showed up in force.
Speed and competition look very different across the Cape
Days on market and the share of homes going above list price tell you how competitive each pocket really is. The Real Estate Data Aggregator tracked both for the three months ending August 31, 2026.
ZIP 02633 (Chatham area) moved fast. The Real Estate Data Aggregator counted 43.9% of homes going under contract within two weeks of listing. That is the highest quick-contract rate of any ZIP with data here. Median days on market: 20.
ZIP 02653 (Orleans area) was close behind. The Real Estate Data Aggregator put 36.8% of homes under contract within two weeks, up 27.1 points from a year ago. Homes for sale there fell 29.6% year over year, so buyers had less to pick from.
ZIP 02666 (Truro area) had no homes sell above list price in this period, per the Real Estate Data Aggregator. ZIP 02650 (Monomoy area) had 33.3% sell above list. Same Cape, very different dynamics.
What the national picture adds
Nationally, sellers are outnumbering buyers right now. Realtor.com reported active listings topped 1.16 million homes in September 2026, and price cuts hit 20.8% of listings, the highest share since October 2022. Mortgage rates climbed above 7% for the first time since January 2025, per Realtor.com.
That national pressure is real. But the Outer Cape is not one market. Some ZIPs here are moving faster and pricing higher than a year ago. Others are not. That is the whole point.
ZIP 02657 sits at 6 months of supply, per the Real Estate Data Aggregator. That is the loosest of any ZIP with data here, even as prices rose sharply. ZIP 02650 has just 2.6 months. Supply tells a different story in each pocket.
- The Real Estate Data Aggregator counted median prices ranging from $757,500 to $2,375,000 across Outer Cape ZIPs in the three months ending August 31, 2026. Year-over-year price changes ran from up 23.8% to down 21%.
- The right comp set is the one closest to your street, not the whole Cape.
One street can read very differently from the ZIP code around it. If you want to know where your specific address lands in all of this, text me.
Your next step
(508) 789-8830Text me your address and I will send back where your Outer Cape home sits against what actually sold nearby, including the price change and days on market for your specific ZIP. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 02657, 02652, 02666, 02667, 02642, 02653, 02650 and 02633, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: Housing Market Update: Asking Prices Fall For the First Time Since March, Oct 15, 2026
- Redfin: Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap Since the Post-Recession Housing Crash, Oct 14, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- No Real Estate Data Aggregator numbers for 02663, so this part is from websites alone.