Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Falkville area can be challenging. Home prices in Falkville are now at a median cost of $122,164, lower than the Alabama average of $185,232.
The average cost of rent is $742/mo in Falkville, primarily driven by the current value of real estate in the Falkville area. While nearly 55.73% of residents own their homes outright in Falkville, 19.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falkville is $4,305 per month. Households that rent pay about 17.23% of their income on rent here. Falkville's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Union Hill, AL: equally priced homes
- North Vinemont, AL: higher priced homes
- Tanner Heights, AL: higher priced homes
- Vinemont, AL: higher priced homes
- Gum Spring, AL: higher priced homes
- Massey, AL: higher priced homes
- Hartselle, AL: higher priced homes
- South Vinemont, AL: higher priced homes
- Eva, AL: higher priced homes
- West Point, AL: higher priced homes
Cities with Similar Populations
- Nebo, GA: higher priced homes
- New Egypt, NJ: higher priced homes
- New Columbia, PA: higher priced homes
- New Carlisle, IN: higher priced homes
- Nevada, TX: higher priced homes
- Nettleton, MS: less expensive homes
- Neshanic Station, NJ: higher priced homes
- Neptune Beach, FL: higher priced homes
- Nephi, UT: higher priced homes
- Nelsonville, OH: less expensive homes
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