The housing market in Falcon, MS is experiencing a strong upward trend. The median value of homes in Falcon is $79,700, a fraction of the US median house value at $338,100. Even so, Falcon shows much higher appreciation than the national average over the past year with an increase of 17.86% compared to 8.27% for the entire country. This rapid appreciation suggests that there is strong demand for housing in Falcon.
The median home cost in Falcon is $79,700. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Falcon is up 19.2%.
Average Age of Homes
- The median age of Falcon real estate is 29 years old
The Rental Market in Falcon
- Renters make up 36.3% of the Falcon population
- 0.0% of houses and apartments in Falcon, 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.