Home Price Key
Affordable
Average
Expensive
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 $116,468, lower than the North Carolina average of $226,477.
The average cost of rent is $866/mo in Falcon, primarily driven by the current value of real estate in the Falcon area. While nearly 58.22% of residents own their homes outright in Falcon, 12.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falcon is $4,694 per month. Households that rent pay about 18.46% of their income on rent here. Falcon's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Godwin, NC: equally priced homes
- Mingo, NC: less expensive homes
- Wade, NC: higher priced homes
- Spiveys Corner, NC: higher priced homes
- Dunn, NC: higher priced homes
- Autryville, NC: less expensive homes
- Eastover, NC: higher priced homes
- Timothy, NC: equally priced homes
- Linden, NC: higher priced homes
- Slocomb, NC: higher priced homes
Cities with Similar Populations
- Hampshire, TN: higher priced homes
- Sightly, WA: higher priced homes
- Shelby, NE: higher priced homes
- Sharon, OK: higher priced homes
- Scobey, MT: higher priced homes
- Kingston, VA: higher priced homes
- Kendleton, TX: higher priced homes
- Kelley, IA: higher priced homes
- Herrick, IL: equally priced homes
- Hermon, NY: less expensive homes
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