Rankings/Barnstable Town, MA

Barnstable Town, MA

Below AverageTier 1CBSA 12700Compare

Risk Rank: #248 of 274Month: 2026-05Score change (12m):↓ -6

36score

Composite risk percentile vs 274 metros (higher = higher risk)

Executive Summary

Barnstable Town's housing market shows below-average risk, ranking 248th of 274 metros. The market recently entered Expansion. Inventory is growing moderately (-12% YoY) with stable liquidity. Broad-based growth with healthy fundamentals.

Barnstable Town experienced a market correction from early 2025 through mid-2025. The market has since normalized and entered Expansion.

Inventory is declining (-12% YoY), indicating a tight market with limited supply.

Rent growth is roughly keeping pace with price appreciation, suggesting valuations are not stretched.

Cycle Phase

RecoveryExpansionHypersupplyRecession

1 month in current phase

Normal growth conditions with balanced fundamentals

Key Dynamics

Risk is primarily driven by affordability and price momentum, while permit growth provides the most support.

Top Drivers

Affordabilityp98

Mortgage payment / income

Price Momentump74

12-month HPI change

Permits per Capitap24

Permits per 1,000 residents

Market Signals

Inventory is declining (-12% YoY), indicating a tight market with limited supply.

Liquidity

Stable↑

Active Listings YoY

-11.6%p35

Days on Market YoY

-15.2%p22

Months in status1

Data through May 2026

Valuation

Balanced—

Rent vs. Price Growth

+2.2%p88

Months in status1

Data through May 2026Rent growth vs price growth (rent support). Note: Affordability and Valuation measure different structural dimensions and can diverge.

Factor Details

Lower riskHigher risk

Low RiskBelow AvgNeutralElevatedHigh Risk

Price MomentumElevated

+2.5%p74

12-month HPI change — higher = overheating

Permit GrowthLow Risk

-50.8%p1

YoY permit change — higher = supply pressure

Permits per CapitaBelow Avg

2.21p24

Permits per 1,000 residents — higher = overbuilding risk

AffordabilityHigh Risk

0.39p98

Mortgage payment / income — higher = more burdened

EmploymentLow Risk

+1.5%p7

12-month employment change (risk inverted)

MigrationLow Risk

+$196Kp15

Net AGI migration (risk inverted)

National Context

Credit Conditions

Credit Regime

Stable—

Normal expansion. Credit is available, transactions are healthy — no constraints on current growth momentum.

Bank Lending Standards

-3.7Normal

Rate Change (YoY)

-38 bpsNormal

Mortgage Risk Premium

+199 bpsElevated

Stable for 9 quartersData through 2026-Q2

Supply Pipeline

Supply Regime

Accumulating—

Supply pipeline is building up while credit remains available. New units are accumulating in the system — watch for delivery pressure in coming quarters.

Pipeline Ratio

0.90Elevated

Completion-Permit Divergence

-5.9 ppNormal

Accumulating for 5 quartersData through 2026-Q2

Local Signals

Metro Permit Activity

Permit Activity

Cooling

YoY Permit Growth

-50.8%Below norm

Raw signal — not the composite percentile

Relative to 2016–2019 norms for this metro

Based on limited permit volume

Builders are pulling back but demand remains healthy. A supply constraint could form — fewer new units entering a market that is still absorbing well.

Employment Concentration

Employment

Moderate

Largest SectorAccommodation & Food 16.3%

QCEW 2024 annual averages

Internal Structure

County-level structural analysis.

County-level structural analysis is not available for this metro due to fewer than 3 qualifying counties.

Score History

Month	Phase	Score	Price	Permits	Afford	Employ	Migr
2025-12	Rec	43	44	10	97	58	15
2025-10	Rec	44	28	72	96	18	16
2025-08	Hyp	57	28	72	96	98	16
2025-06	Hyp	56	43	72	96	76	16
2025-05	Ress	42	29	72	96	6	16
2025-03	Ress	38	10	72	96	0	16
2025-01	Rec	43	40	72	96	0	16
2024-11	Ress	48	68	72	96	2	16
2024-09	Ress	62	78	72	96	78	16
2024-08	Hyp	66	88	72	96	93	16
2024-07	Ress	66	92	72	96	85	16
2024-05	Ress	68	99	72	97	91	16
2024-03	Hyp	65	79	72	96	91	16
2024-01	Exp	61	62	72	96	87	16
2023-11	Exp	60	69	72	89	82	16
2023-08	Rec	54	42	72	87	72	16
2023-06	Rec	51	51	72	87	47	16
2023-05	Hyp	53	47	72	87	63	16
2023-03	Hyp	58	79	72	88	56	16
2023-02	Ress	62	86	72	88	73	16
2022-12	Ress	58	69	72	77	77	16
2022-10	Exp	54	65	72	77	63	16
2022-08	Exp	51	71	72	78	35	16
2022-05	Exp	60	78	72	80	81	16
2022-02	Exp	48	67	72	76	22	16
2022-01	Rec	49	69	72	76	28	16
2021-11	Rec	52	81	72	78	38	8
2021-10	Exp	54	79	72	78	54	8
2021-08	Exp	47	86	72	78	3	8
2021-05	Exp	46	83	72	76	1	8
2021-04	Rec	46	84	72	76	2	8
2021-02	Rec	58	73	72	74	91	8
2020-11	Rec	52	62	72	58	81	5
2020-08	Rec	53	51	72	57	98	5
2020-05	Rec	51	42	72	55	99	5
2020-03	Exp	49	39	72	56	88	5
2020-01	Exp	48	31	72	56	88	5
2019-12	Rec	52	33	72	57	94	19
2019-10	Rec	51	46	72	57	78	19
2019-07	Rec	42	8	72	55	65	19
2019-05	Hyp	45	22	72	56	66	19
2019-03	Hyp	51	45	72	57	80	19
2019-02	Exp	52	46	72	57	83	19
2019-01	Exp	53	45	72	58	91	19

Data Vintages

Price (HPI)2026-Q1

Permits2026-05

Income2024

Employment2026-05

Migration2023