Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Falcon area can be challenging. Home prices in Falcon are now at a median cost of $76,537, lower than the Arkansas average of $207,061.
The average cost of rent is $830/mo in Falcon, primarily driven by the current value of real estate in the Falcon area. In Falcon, 8.56% of households rent, and 61.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falcon is $5,686 per month. Households that rent pay about 14.60% of their income on rent here. Falcon’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Buckner, AR: equally priced homes
- Bodcaw, AR: equally priced homes
- Stamps, AR: equally priced homes
- Willisville, AR: higher priced homes
- Patmos, AR: higher priced homes
- Lumber, AR: higher priced homes
- Rosston, AR: less expensive homes
- Piney Grove, AR: higher priced homes
- Waldo, AR: equally priced homes
- Lewisville, AR: higher priced homes
Cities with Similar Populations
- Point Lay, AK: higher priced homes
- Palmer, PA: higher priced homes
- Palmetto, MD: higher priced homes
- Pardoe, PA: higher priced homes
- Passumpsic, VT: higher priced homes
- Pate Hill, TN: higher priced homes
- Patuxent, MD: higher priced homes
- Pavonia, OH: higher priced homes
- Pigeon Creek, AL: higher priced homes
- Plant, AR: higher priced homes
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