Falkville, AL is a great place to live for those looking to get into the housing market. The median value of housing in Falkville is $160,800, which is significantly lower than the US median house value of $338,100. Additionally, the one year appreciation rate of housing in Falkville is 15.32%, which is much higher than the US average of 8.27%. This makes Falkville a great option for those who are looking for an affordable place to live with potential for growth in their home's value.
The median home cost in Falkville is $160,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Falkville is up 19.8%.
Average Age of Homes
- The median age of Falkville real estate is 46 years old
The Rental Market in Falkville
- Renters make up 34.4% of the Falkville population
- 8.3% of houses and apartments in Falkville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.