Why Live in Provincetown
Provincetown is a culturally rich neighborhood located on the edge of Cape Cod, known for its vibrant art scene and historical significance. Initially inhabited by the Wampanoag and Nauset Tribes, it later became a landing point for the Pilgrims and saw an influx of Portuguese immigrants in the 1860s. By the early 1900s, Provincetown had evolved into a haven for artists, and in the 1960s, it became a welcoming community for the LGBT population. The neighborhood features a mix of Cape Cods, Colonial Revivals, split levels, and modernist homes, with properties closely spaced, fostering a tight-knit community atmosphere. Provincetown is renowned for its numerous art galleries and museums, including the Provincetown Art Association and Museum, and hosts several cultural festivals such as the Provincetown International Film Festival and the Provincetown Portuguese Festival. The area offers various things to do, including whale-watching tours, walking trails among the sand dunes, and visits to local beaches like Race Point Beach. Dining options are plentiful, with notable restaurants like The Lobster Pot and The Red Inn located on Commercial Street and Bradford Street. Provincetown is home to the historic Cape School of Art, a local staple since 1896. Provincetown experiences nor’easter storms and has areas prone to flooding, particularly near the coast. Transportation options include a seasonal ferry service to Plymouth and Boston, a shuttle service within Provincetown, and connections to Boston Logan via Provincetown Municipal Airport.
Home Trends in Provincetown, MA
On average, homes in Provincetown, MA sell after 68 days on the market compared to the national average of 50 days. The median sale price for homes in Provincetown, MA over the last 12 months is $1,349,000, up 37% from the median home sale price over the previous 12 months.
Median Sale Price
$1,349,000
Median Single Family Sale Price
$2,000,000
Median Townhouse Sale Price
$2,824,500
Median 2 Bedroom Sale Price
$1,350,000
Median 1 Bedroom Sale Price
$899,000
Average Price Per Sq Ft
$1,412
Number of Homes for Sale
40
Last 12 months Home Sales
128
Median List Price
$1,499,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
37%