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Affordable
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These days, finding an affordable place to live in the Faulconer area can be challenging. Home prices in Faulconer are now at a median cost of $250,576, higher than the Kentucky average of $219,615.
The average cost of rent is $769/mo in Faulconer, primarily driven by the current value of real estate in the Faulconer area. In Faulconer, 11.45% of households rent, and 41.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Faulconer is $7,229 per month. Households that rent pay about 10.63% of their income on rent here. Faulconer’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burgin, KY: less expensive homes
- Danville, KY: less expensive homes
- Little Needmore, KY: higher priced homes
- Stringtown, KY: less expensive homes
- Harrodsburg, KY: less expensive homes
- Riverview Estates, KY: less expensive homes
- Clifton, KY: equally priced homes
- Marksbury, KY: higher priced homes
- Nevada, KY: less expensive homes
- Lancaster, KY: less expensive homes
Cities with Similar Populations
- Krotz Springs, LA: less expensive homes
- South Dos Palos, CA: higher priced homes
- South Dayton, NY: less expensive homes
- Sonora, OH: equally priced homes
- Lusk, WY: equally priced homes
- Lomo, CA: higher priced homes
- Linville, VA: higher priced homes
- Aberdeen Proving Ground, MD: higher priced homes
- La Veta, CO: higher priced homes
- South Middleboro, MA: higher priced homes
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