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These days, finding an affordable place to live in the Fallsburg area can be challenging. Home prices in Fallsburg are now at a median cost of $117,825, lower than the Kentucky average of $219,615.
The average cost of rent is $690/mo in Fallsburg, primarily driven by the current value of real estate in the Fallsburg area. In Fallsburg, 8.83% of households rent, and 60.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fallsburg is $3,814 per month. Households that rent pay about 18.10% of their income on rent here. Fallsburg’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Five Forks, KY: higher priced homes
- Noris, KY: less expensive homes
- Buchanan, KY: less expensive homes
- Adams, KY: equally priced homes
- Evergreen, KY: higher priced homes
- Hubbardstown, WV: equally priced homes
- Jeriel, KY: higher priced homes
- Denton, KY: equally priced homes
- Webbville, KY: equally priced homes
- Louisa, KY: equally priced homes
Cities with Similar Populations
- Greenwood, IL: higher priced homes
- Spicer, OR: higher priced homes
- South Wayne, WI: higher priced homes
- South Kent, CT: higher priced homes
- Smallwood, SC: higher priced homes
- Slighs, SC: higher priced homes
- Skyline, AL: higher priced homes
- Silverton, TX: less expensive homes
- Shirley, MO: higher priced homes
- Shelby City, KY: higher priced homes
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