Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Falmouth area can be challenging. Home prices in Falmouth are now at a median cost of $110,737, lower than the Illinois average of $242,002.
The average cost of rent is $774/mo in Falmouth, primarily driven by the current value of real estate in the Falmouth area. While nearly 52.36% of residents own their homes outright in Falmouth, 13.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falmouth is $5,557 per month. Households that rent pay about 13.94% of their income on rent here. Falmouth's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rose Hill, IL: higher priced homes
- Newton, IL: less expensive homes
- Lis, IL: higher priced homes
- Wendelin, IL: higher priced homes
- Willow Hill, IL: higher priced homes
- Hidalgo, IL: equally priced homes
- Boos, IL: equally priced homes
- Yale, IL: less expensive homes
- Wheeler, IL: higher priced homes
- Ste. Marie, IL: equally priced homes
Cities with Similar Populations
- Popes Creek, MD: higher priced homes
- Neskowin, OR: higher priced homes
- Netawaka, KS: equally priced homes
- New Chicago, MT: higher priced homes
- New City, IL: higher priced homes
- New Harmony, OH: higher priced homes
- New Holland Crossroads, SC: higher priced homes
- New Millport, PA: higher priced homes
- Plainfield Center, NY: higher priced homes
- Plevna, MT: higher priced homes
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